Applied Materials Fiscal Q4 In Line, Q1 Guidance Shy

By | November 14, 2014

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Applied Materials late Thursday reported a 42% increase in fiscal Q4 earnings in line with Wall Street views, but its outlook for Q1 fell shy of expectations. For its current fiscal quarter, the Santa Clara, Calif.-based company expects revenue growth from its fiscal fourth quarter, which ended Oct. 26, to range from flat to up 5% at $2.26 billion-$2.38 billion, the midpoint of which is about $2.32 billion. Applied Materials (AMAT), which Scalper1 News

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