February 26, 2011 at 17:13 PM EST
(AMAT) Applied Materials Quarterly Report Beats Estimates – Guides Higher
Applied Materials’ (AMAT) first quarter earnings beat the Zacks Consensus by 3 cents, or 9.1%. Revenue came in higher than management expectations and exceeded the Zacks Consensus by 3.7%. Revenue Applied Materials reported revenue of $2.69 billion, which was down 6.9% sequentially and up 45.3% year over year. Increase from the year-ago quarter suggests that [...] (AMAT) Applied Materials Quarterly Report Beats Estimates – Guides Higher
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