Replies to post #2993 on Trading with Jerry Olson

[Jerry Olson]

Live In Play


18-Feb-04
16:10 AMAT Applied Materials beats by $0.04, ex-items (22.31 +0.37)

Reports Q1 (Jan) earnings of $0.12 per share, ex-items, $0.04 better than the Reuters Research consensus of $0.08; revenues rose 47.5% year/year to $1.56 bln vs the $1.32 bln consensus. New orders of $1.68 bln for Q1 increased 32% sequentially and 66% yoy. Backlog at the end of Q1 was $2.63 bln, compared to $2.50 bln at the end of Q403... CIBC had expected bookings to rise 30-35% sequentially vs guidance of 20%. Smith Barney expected order growth of 25-35%.