Applied Materials announces third quarter of fiscal 2009 results

August 12, 2009

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.