Applied Materials announces third quarter of fiscal 2009 results

August 12, 2009
COMMERCIAL, FABRICATION : GREEN, SOLAR

Applied Materials Inc., Santa Clara, Calif., today reported results for its third fiscal quarter ended July 26, 2009. Net sales were $1.13 billion, and the GAAP net loss was $55 million, or $0.04 per share, according to an Aug. 11 release. The company also reported a non-GAAP net loss for the period of $2 million, or break-even per share.

“In a difficult environment, Applied improved its operating performance and generated significant cash flow while making substantial investments in new technologies for next-generation semiconductor chips, flat panel displays and solar panels,” said Mike Splinter, chairman and CEO, in the release.

Read the full release.