AMAT Sees FY Q4 Profit; Revs Up 10-20 Percent Vs. Q3

Applied Materials (AMAT) CFO George Davis told investors on a conference call this afternoon that the company sees 10-20 percent sequential revenue growth for the fiscal fourth quarter ending in October, with EPS ranging from break even to a positive 4 cents. The company expects orders to growth sequentially, but did not give a specific forecast.

The revenue forecast implies $1.24 billion to $1.36 billion, well above the Street consensus at $1.07 billion, although down from $2.04 billion a year ago.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »