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Applied Material's second-quarter revenue meets expectations
May 15, 2014 / 8:06 PM / 3 years ago

Applied Material's second-quarter revenue meets expectations

SAN FRANCISCO, May 15 (Reuters) - Top chip gear-maker Applied Materials on Thursday posted higher fiscal second-quarter revenue that met analysts’ expectations as a slow personal computer market weighed against demand for smartphones and memory chips.

Applied Materials said its revenue for the quarter ended in April was $2.35 billion, up from $1.97 billion in the year-ago period. Analysts expected second-quarter revenue of $2.349 billion, according to Thomson Reuters I/B/E/S. (Reporting by Noel Randewich)

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