New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 15, 2012
13:40 EDTAMATEarnings Preview: Applied Materials to report decline in silicon system revenue
Applied Materials (AMAT) is expected to report Q4 earnings after the market close on Thursday, November 15, with a conference call scheduled for 4:30 pm ET. The consensus estimate is 3c for EPS and $1.58B for revenue, according to First Call. Like most of the semi group, Applied Materials has had a tough year. Revenues and EPS have fallen year-over-year for four straight quarters. Guidance from the last earnings call for Q4 is adjusted EPS of 0c-6c on revenue that is 25%-40% lower than Q3's $2.34B. Piper Jaffray estimates Q4 sales to decline 33% to $1.56B, in-line with its guidance. The firm believes silicon systems revenues were down 50% quarter-over-quarter to $773M which likely is the near term trough. Overall orders for Q4 were down 17% quarter-over-quarter to $1.49B. Piper sees 1Q13 orders to grow 10% quarter-over-quarter compared to their prior view of a big snap-back. Overall orders likely improve 5% quarter-over-quarter, with Silicon orders expected to be up 10% quarter-over-quarter. Piper views the Solar segment to remain dormant while the Display segment recovers modestly.
News For AMAT From The Last 14 Days
Check below for free stories on AMAT the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 11, 2014
18:35 EDTAMATOn The Fly: After Hours Movers
Subscribe for More Information
18:31 EDTAMATApplied Materials/Tokyo Electron filing doesn't satisfy MofCom, Bloomberg says
Applied Materials' filing, which is seeking approval for the company's takeover of Tokyo Electron, did not satisfy China's Ministry of Commerce, according to Bloomberg, citing DealReporter.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use