UPDATE 1-Applied Materials boosted by demand for flash memory chips
* Expects second-qtr adj EPS $0.25-$0.29/shr vs est $0.27
* Expects second-qtr rev to increase 3-10 pct sequentially
* Revenue $2.19 bln vs est $2.13 bln
Feb 12 (Reuters) - Applied Materials Inc, the
biggest maker of equipment used to make semiconductors, reported
a 39 percent jump in first-quarter revenue as higher demand from
manufacturers of flash memory chips helped to offset weak sales
to makers of logic chips.
Applied Materials, which also provides equipment to make
flat panel displays and solar cells, said it expected adjusted
earnings of 25-29 cents per share in the current quarter.
Analysts were expecting a profit of 27 cents per share,
according to Thomson Reuters I/B/E/S.
The company said it expected revenue to increase 3-10
percent sequentially in the current quarter, implying revenue of
$2.25 billion-$2.40 billion. Analysts expected $2.32 billion.
Orders in the company's silicon systems segment, which
brings in about two-thirds of total sales, rose 13 percent to