Applied Materials’ (AMAT) first quarter earnings were in line with the Zacks Consensus Estimate. Revenue Revenue of $1.85 billion was up 21.1% sequentially and 38.7% year over year. The year-over-year increase in revenue came after seven quarters of double-digit decline and was reflective of the turnaround in the capital equipment market. Revenue by Segment Display was the weakest segment [...] (AMAT) Applied Materials Sees 50% Growth in 2010