Applied Materials Delivers Strong Year-On-Year Growth in Quarterly Revenue and Operating Income
Quarterly revenue of $4.47 billion, up 19 percent year over year
EPS of $1.17 and non-GAAP EPS of $1.20, up 38 percent and 40 percent year over year, respectively
Record revenue and operating income in Applied Global Services and Display
“While we have seen some near-term adjustments in customer spending, fiscal 2018 is on track to be another record-setting year for Applied Materials and we expect each of our major businesses to deliver strong double-digit growth,” said Gary Dickerson, president and CEO. “Our future outlook remains positive as the A.I.-Big Data era requires new breakthroughs in technology, from materials to systems, providing Applied with a great opportunity to play a larger and more valuable role in the ecosystem.”
Financial News Release
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Investor Relations | Applied Materials