Rochester, NY 8/10/2009 10:53:18 PM
Applied Materials, Inc. , AMAT - Applied Materials, Inc. to release its Third Quarter Financial Report 2009
Applied Materials, Inc.
Applied Materials, Inc one of the largest equipment provider of photovoltaic manufacturing equipment in 2008 is scheduled to report results for the third quarter of fiscal 2009 on Tuesday, August 11, 2009.
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In the second quarter, the company reported earnings per share of $-0.12 lower than the analysts’ consensus estimate of $ -0.101. The second quarter was tough as revenue fell 24% to just over $1 billion and orders declined to $649 million, reflecting a level of demand the company has not experienced for more than a decade. For the quarter, GAAP loss was $255 million or $0.19 per share and non-GAAP loss was $136 million or $0.10 per share. The company’s share price fell $-0.42 to $11.06 two days after the earnings announcement.
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