Applied Materials disappoints investor with sales prospects



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Bangalore / Santa Clara, CA (APA / Reuters) – Applied Materials has disappointed investors with its earnings and earnings outlook for the current quarter. It is based on sales in the first quarter of between $ 3.56 and $ 3.86 billion (3.15 to 3.41 billion euros) and earnings between 75 and 83 cents per share, said Thursday the most world's largest chip maker The US stock market closes with.

Analysts have an average income of $ 3.94 billion and an expected profit of 92 cents per share. After office hours, the company's share dropped by about 8%.

The results of applied materials are considered as a kind of barometer for the entire sector. Presumably, we should now be fearing more and more that the two-year chip boom will end. In the fourth quarter, US-based Applied Materials recorded a slight increase in sales to $ 4.01 billion.

~ WEB http://www.appliedmaterials.com/ ~ APA011 2018-11-16 / 01: 44

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