Applied Materials’ (AMAT) second quarter earnings were in line with the Zacks Consensus Estimate. Revenue came in higher than management expectations and exceeded the Zacks Consensus by 3.2%. Revenue Applied reported revenue of .86 billion, which was up 6.6% sequentially and 24.7% year over year. The Applied Global Services (“AGS”) and Energy and Environmental Systems [...]
Applied Micro Circuits Corporation (AMCC) reported results for the second quarter of fiscal 2011 which beat estimates, but the outlook for the third quarter was weak. Applied Micro recorded revenues of .0 million in the second quarter of fiscal 2011, up 8.5% sequentially and up 34% year over year and beat management’s guidance of .5 ? .8 million.
On a [...]