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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: niceguy767 who wrote (105591)11/12/2003 1:39:08 PM
From: steve harrisRespond to of 275872
 
give me 18 baby!



To: niceguy767 who wrote (105591)11/12/2003 6:09:07 PM
From: zxRead Replies (1) | Respond to of 275872
 
AMAT Applied Materials raises guidance for Q1 (26.22 +0.78) -- Update --
On call, management indicated that cap ex in FY04 is expected to increase 25% compared to last year. In Q1, orders are expected to continue growing at a rate of 20% sequentially, while revenues are expected to increase 5-7% over Q4. The guidance implies a range of $1.28-1.31 bln, above the current consensus of $1.24 bln. AMAT Applied Materials beats by a penny (25.44 +0.54)
Reports Q4 (Oct) earnings of $0.06 per share, ex items, $0.01 better than the Reuters Research consensus of $0.05; revenues fell 15.6% year/year to $1.22 bln vs the $1.13 bln consensus.




16:02 ET AMAT orders $1.28 bln vs previous guidance $1.15 bln





16:01 ET AMAT prelim $0.06, penny ahead; revs $1.22 bln vs $1.13 bln consensus



Calls should go up tomorrow.
AMD millionaires.