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BRIEF-Applied Materials says targeting non-GAAP EPS of $2.45 to $3.17 for FY 2019

Sept 21 Applied Materials Inc :

* Expects to grow its services business revenue by $600 million from fiscal 2013 through 2016

* Expects to achieve a 4-point gain in its share of WFE spending and nearly double its display business, from 2012 through 2016

* Targeting non-GAAP EPS of $2.45 to $3.17 for FY2019

* Says outlines plans to drive 50 percent growth in display business to $1.8 billion by FY2019

* New target represent compound earnings growth of approximately 17 percent over next three years Source text for Eikon: Further company coverage:

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