How Applied Materials Rewards Investors

In the second quarter, Applied's sales rose 25% year over year to $2.9 billion, while non-GAAP earnings took a 72% leap to $0.38 per share. The Energy and Environmental Solutions segment saw sales growing by 34% compared to the first quarter, though orders for these solar-panel materials are now slowing down a little bit. By contrast, the mainstay Silicon Systems division reported a 3% sequential revenue drop, followed by 7% higher order volume.... Read more