Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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To: Fred Levine who wrote (6715)	8/12/2003 5:17:17 PM
From: Proud_Infidel	Read Replies (1) of 25522

Applied Materials sees 4th-qtr charge, flat revs Tuesday August 12, 5:09 pm ET SAN FRANCISCO, Aug 12 (Reuters) - Applied Materials Inc. (NasdaqNM:AMAT - News), the world's largest maker of microchip production tools, on Tuesday said it expects to post a fiscal fourth-quarter per-share profit of 4 cents to 5 cents excluding items -- flat to down one cent from the third quarter. The company also expects to post fourth-quarter charges of $75 million to $100 million. Revenue for the quarter ending in October is expected to be flat to slightly up from $1.09 billion in the third quarter, and orders are expected to be up 10 percent from $1.05 billion, the company said in a conference call with analysts and investors. Wall Street was expecting fourth-quarter earnings of 6 cents a share, in a range of 4 cents to 10 cents a share, excluding items, according to a poll of 26 analysts by Reuters Research, a unit of Reuters Group Plc.

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