Applied Materials Reports EPS of $0.36 vs. $0.33; Revenue $2.69B vs. $2.59B

Applied Materials, Inc. AMAT today reported results for its first quarter of fiscal 2011 ended Jan. 30, 2011. Applied generated orders of $2.97 billion, net sales of $2.69 billion, operating income of $674 million, and net income of $506 million or $0.38 per share. Non-GAAP operating income was $659 million, and non-GAAP net income was $484 million or $0.36 per share.