Application materials expected second quarter sales will exceed $2 billion 100 million

The world's largest chip equipment supplier applied materials (AMAT) said that the expected second quarter orders and sales will be higher than the quarter ended January.

The company's management said in a conference call, the second quarter sales of at least $2 billion 100 million, equivalent to the growth rate of 13% to 15%, the new order amount of up to $2 billion 300 million to $2 billion 400 million, the growth rate of 15% to 20%.

Expected quarterly earnings per share of 22 to $23, including $2 per share in the stock option expense of $second.