Applied stock materials immerse on the forecasting of light

Applied materials The shares sank more than 10% in the expanded trading on Thursday when the Semiconductor Equipment introduced Outlook for the current quarter that appeared in light.

Here’s how attached materials made the results of the profit in the third quarter compared to the LSEG consensus estimates:

• Eps: $ 2.48, adjusted, against $ 2.36.
• Income: $ 7.3 billion against $ 7.22 billion.

Applied materials said he expected $ 2.11 per share in the current quarter, lower than the LSEG estimate of $ 2.39 per share. The company expects $ 6.7 billion, against $ 7.34 billion.

CEO Gery Dickesson said the current macroeconomic and political environment “creates increased uncertainty and less visibility.” He said that the campaign is particularly uncertain in the Chinese case.

Trump administration tariffs can double the price of imported chips when the companies that buy them make construction in American applied materials, create tools for foundry products for physical product, most of which are currently taking place in Asia.

Applied materials point out that it has a great lag for the expectation of export license statements with the US government, but believing that none of them will be issued in the next quarter.

“We are expecting revenue revenue in the fourth quarter, which causes both digestion of power in China and non-linear demand from leading customers who take into account the market concentration and FAB terms,” the company’s head said. He added that he expects a low China business to continue a few more quarters.

Applied materials reported $ 1.78 billion, or $ 2.22 for a divorced share per quarter, against $ 1.71 billion or $ 2.05 during the year.

The most important company division, the Semiconductor Systems, reported $ 5.43 billion sales, recovery and 10%compared to last year.

Applied materials were boasted President Donald Trump earlier this month after it was included in Apple’s program to make more chips in the US

Apple said it would cooperate with the chips manufacturer to produce more production equipment in Austin, Texas.

See: Apple and Trump in detail for $ 100 billion