Seeking Alpha

Tech earnings guidance: Applied Materials, Angie's List, Ctrip

Applied Materials (AMAT) expects FQ2 revenue to be up 3%-10% Q/Q (implies a range of $2.26B-$2.41B) and EPS of $0.25-$0.29. The guidance is in-line with a consensus of $2.32B and $0.27. FQ1 orders +9% Q/Q to $2.29B, book-to-bill was 1.05. Shares +1.1% AH. (FQ1 results, PR)

Angie's List (ANGI) expects Q1 revenue of $71.5M-$72.5M, below a $74.1M consensus. Shares -15.1% AH. (Q4 results, PR)

Ctrip (CTRP) expects 25%-30% Y/Y Q1 revenue growth vs. a 29.4% consensus. Shares +5.5% AH. Rival Qunar (QUNR) +3.6%. (Q4 results, PR)

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