ADVFN - Advanced Financial Network.
HOME» NASDAQ » A » AMAT Stock Price » AMAT Stock News

Applied Materials Share News

 Applied Materials (mm) Stock Price
AMAT Stock Price
 Applied Materials (mm) Stock Chart
AMAT Stock Chart
 Applied Materials (mm) Stock News
AMAT Stock News
 Applied Materials (mm) Company Information
AMAT Company Information
 Applied Materials (mm) Stock Trades
AMAT Stock Trades

Applied Materials Sees Year Results Short Of Wall Street Views

DOW JONES NEWSWIRES Applied Materials Inc. (AMAT) forecast fiscal 2012 results just shy of Wall Street estimates due to a sharp capacity-driven downturn in its solar and display equipment markets. The company estimated earnings for the year ending in October at 85 cents to 95 cents a share on revenue of between $9.1 billion and $9.5 billion. Analysts surveyed by Thomson Reuters expect 96 cents a share on $9.59 billion. Applied Materials makes tools used to make chips, television screens and some solar panels, a sector that tanked in the second half of 2011 as a supply glut forced manufacturers to scale back orders for new equipment. The company said it expects continued strength in it core semiconductor business. Chief Executive Mike Splinter said in a Dow Jones Newswires interview Tuesday the solar industry will likely suffer from overcapacity for about a year, forcing the equipment maker to cut additional costs from its business. While 2012 could be tough, Splinter expects 2013 to be a "reasonable" and profitable year for Applied's solar business. The company reported last month its fiscal first-quarter profit slumped 77% on weaker sales and acquisition costs, though the semiconductor-equipment maker said recent orders would deliver a stronger result in the fiscal second quarter. -By Melodie Warner, Dow Jones Newswires; 212-416-2283;

Stock News for Applied Materials (AMAT)
11/21/201509:04:13World's First Inkjet Metal 3D Printer to Launch in 2016
11/18/201517:20:08Statement of Changes in Beneficial Ownership (4)
11/13/201509:40:00U.S. Hot Stocks: Hot Stocks to Watch
11/12/201517:50:00Applied Materials Sees Orders, Profit Grow
11/12/201517:08:00Applied Materials Sees Orders, Profit Grow
11/12/201516:06:20Current Report Filing (8-k)
11/12/201516:01:10Applied Materials Announces Fourth Quarter and Fiscal Year 2015...
11/09/201507:30:12Applied Materials to Present at Upcoming Investor Conferences
11/07/201514:00:023 Stocks to Watch Next Week
11/06/201518:28:14Statement of Changes in Beneficial Ownership (4)
11/06/201518:19:42Initial Statement of Beneficial Ownership (3)
11/05/201517:11:35Current Report Filing (8-k)
11/05/201516:05:15Applied Materials Appoints Eric Chen to Board of Directors
11/05/201513:18:09Axcelis Technologies Inc. Stock Plunges on Weak Outlook
10/30/201508:00:00Applied Materials to Hold Q4 & FY2015 Earnings Webcast on November...
10/22/201521:04:2510 Top Nasdaq Dividend Dogs Average 28% Upsides And 31% Net Gains...
10/20/201515:58:15Chip equipment stocks gain after Intel unveils flash investment...
10/19/201505:24:00Applied Materials and A*STAR Announce New R&D Joint Lab in Singapore...
10/19/201505:24:00Applied Materials and A*STAR Announce New R&D Joint Lab in Singapore...
10/18/201519:00:39Applied Materials and A*STAR Announce New R&D Joint Lab in Singapore...

Applied Materials and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations