Applied Materials announces solid first quarter results

Market Watch
February 18, 2010
COMMERCIAL, FABRICATION : SOLAR

Applied Materials Inc., [Santa Clara, Calif.] the global leader in Nanomanufacturing Technology solutions for the semiconductor, flat panel display and solar industries, today reported results for its first quarter of fiscal 2010 ended Jan. 31, 2010. Applied generated net sales of $1.85 billion, operating profit of $116 million, and net income of $83 million or $0.06 per share. Non-GAAP net income was $179 million or $0.13 per share, according to a Feb. 17 Market Watch report.

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