Applied Materials beats Q2 estimates, semiconductor sales up 42%; shares +2

18 Août, 2017, 08:25 | Author: Marc Bacque
  • Applied Materials Inc

On the books, cash, cash equivalents, and short-term investments totaled $7.23 billion at the end of the quarter, compared with $3.75 billion at the end of the previous fiscal year. The manufacturing equipment provider reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $0.02. Pinnacle Bank acquired a new position in Applied Materials during the first quarter valued at $113,000. The company had revenue of $3.74 billion during the quarter, compared to analysts' expectations of $3.69 billion. Applied Materials, Inc. has a 52-week low of $27.26 and a 52-week high of $47.86. (NASDAQ AMAT) traded down 3.01% on Thursday, hitting $43.12.

Shares of the company rose 4.2 percent to $44.95 in extended trading on Thursday. The company has a market capitalization of $46.34 billion, a PE ratio of 17.83 and a beta of 1.82. The stock has a 50 day moving average of $44.34 and a 200-day moving average of $41.22.

Applied Materials (NASDAQ:AMAT) reports Q2 results with earnings and revenue beats with year-over-year sales growth of almost 33%.

Q4 outlook: net sales, $3.85B to $4B (consensus: $3.71B); EPS, $0.86 to $0.94 (consensus: $0.82). During the same period a year ago, the business posted $0.50 EPS. ("Applied Materials") announced its financial results for its third quarter ended July30, 2017.

Shazam! Is the Next DC Movie to Shoot
Nevertheless, Shazam! is next up to bat, and though it doesn't yet have a cast, it does have a director in David F. Exactly when production starts hasn't yet been confirmed, although it's unlikely to be until early 2018.

Com Filed A FOIA Request To Obtain Michigan's Football Roster
Jim Harbaugh is notoriously tight-lipped when it comes to details about his teams, and now one major website is fed up with it. . In the FOIA response, the University of MI said it would respond to the request "on or before August 25, 2017 ".

Quand le monde de la boxe se paye McGregor
Cela s'appelle le " McGregor Challenge " et disons que ce n'est guère avantageux pour le spécialiste irlandais d'arts martiaux mixtes (MMA).

Segment sales: Semiconductor Systems, $2.5B (+42%Y/Y); Applied Global Services, $786M (+20%); Display and Adjacent Markets, $410M (+31%).

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Shareholders of record on Thursday, August 24th will be paid a dividend of $0.10 per share. The ex-dividend date is Tuesday, August 22nd. This represents a $0.40 dividend on an annualized basis and a yield of 0.93%. Applied Materials's payout ratio is 16.46%.

ILLEGAL ACTIVITY NOTICE: "Applied Materials, Inc".



PGA Wyndham: Matt Every shoots 61 to claim lead
As his confidence waned he started flinching, instead of committing to his shot. "I would just stop (during the swing). Stenson, who played in the afternoon, nearly caught Every , notching eight birdies with a hot putter.

Union leader demands probe of butt-dialing court official
Bookstaver and his two-person audience were heard laughing after he said, "But, frankly, look, the bottom line: the story's true. He had been with the courts since 1996, after working as a spokesman for New York City's emergency medical service.

Ce que l'on sait — Attentat de Barcelone
Le bilan des morts pourrait aussi s'alourdir, a-t-il ajouté. Tous ont été blessés, l'un d'entre eux plus sérieusement. Aucun de ces deux hommes n'est le conducteur.

Pennsylvania Real Estate Invest (NYSE:PEI) Experiences Heavier than Usual Trading Volume
Wells Fargo & Company initiated coverage on shares of KKR Real Estate Finance Trust in a research note on Tuesday, May 30th. In contrast some investors may find a higher dividend yield unattractive, perhaps because it increases their tax bill.

Une jeune femme soupçonnée d'avoir violé et tué sa mère — Roubaix
C'est en fait sa fille qui a donné l'alerte, expliquant qu'elle avait retrouvé le cadavre de sa mère, relate La Voix du Nord . Mais lorsque les forces de l'ordre arrivent sur place, ils comprennent rapidement que le corps se trouve là depuis plusieurs.

3 takeaways from Bucs' preseason victory over Jaguars
In the second quarter, Bortles woefully missed a wide-open Allen Robinson , drawing boos from the crowd at EverBank Field. The third-year pro missed field goal tries of 50 and 53 yards against the Patriots in the preseason opener.

Corruption Has Become 'Institutionalised', Needs To Be Uprooted: PM Modi
Modi also said different people across the nation have different strengths and "if these scattered powers come together, it can lead to a big change".

Ben Carson's Va. home was vandalized with anti-Trump rhetoric
He said that, more recently, his home in Virginia was vandalized by people "who wrote hateful rhetoric about President Trump ". The neighbor who originally displayed the Confederate flag in rural Maryland ended up becoming friendly, he added.

Trump executive order aims to streamline infrastructure-permitting process
A number of organizations, such as the National Association of Home Builders, opposed Obama's order and applauded Trump's. He last spoke about his plan back in June, when he gave a speech in OH as part of infrastructure week.

Rohingya Muslims: Rights groups urge India not to deport them
HRW said said it has extensively documented the rampant and systemic violations against the ethnic Rohingya in Burma. India is not a signatory to the 1951 Refugee Convention, which spells out states' responsibilities towards refugees.