AMAT Beats By a Penny in Q3 But Misses On Top Line - Presented by: The Aol. On Network

Applied Materials posted third quarter earnings of 28 cents a share on revenue of $2.27 billion. Wall Street analysts were looking for 27 cents a share on sales of $2.29 billion. Last year, the semiconductor equipment supplier earned 18 cents a share on $1.98 billion in revenue. Drilling down a bit further, AMAT’s Silicon Systems Group orders were $1.57 billion, down 6 percent, with decreases in DRAM and foundry.



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