Applied has record quarter; expects to beat it in Q4
- Author:Ella Cai
- Release on:2017-08-18
Applied Materials, 50 years old in November, had a record Q3 with year-on-year sales up 33% at $3.74bn for a net profit of $925m.
or Q4, the company expects revenues of $3.85bn to $4bn.
It generated $1.37bn cash in Q3.
Semiconductor manufacturing equipment sales constituted $2.5bn of the total.
Of those, 39% went to foundry customers, 38% to flash manufacturers, 15% to DRAM manufacturers and 8% to logic customers.
or Q4, the company expects revenues of $3.85bn to $4bn.
It generated $1.37bn cash in Q3.
Semiconductor manufacturing equipment sales constituted $2.5bn of the total.
Of those, 39% went to foundry customers, 38% to flash manufacturers, 15% to DRAM manufacturers and 8% to logic customers.
