More on Applied Materials' FQ4: Company expects FQ1 EPS of $0.08-$0.16, below an $0.18...

|By:, SA News Editor

More on Applied Materials' FQ4: Company expects FQ1 EPS of $0.08-$0.16, below an $0.18 consensus. Revenue expected to decline 5%-15% Q/Q, consensus is for 5.6% drop. Backlog fell 26% Q/Q to $2.39B. Display equipment orders -91% Q/Q to $20M. Solar orders -73% to $86M. Chip equipment orders -25% to $925M. Gross margin fell 350 bps Q/Q to 39%. AMAT -1.4% AH. (PR)