NEW YORK, June 6, 2002 (PRIMEZONE) -- StockDiagnostics.com announces that Applied Materials, Inc. (Nasdaq:AMAT), OPS (Operational-cashflow Per Share) turned positive for its first quarter ending January 31, 2002 versus negative OPS for its year ago first-quarter. For the twelve-months ended January 31, 2002, OPS increased 14% as compared to the prior 12-month period.
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For the first-quarter ended January 31, 2002, Applied Material's computed OPS was $.06 versus ($.03) for its first-quarter ended January 31, 2002. In the trailing 12-months ended (January 31, 2002), (Applied Material's) OPS increased 14% to $1.03 as compared to its OPS of $.90 for the comparable trailing 12-months ended (January 31, 2001).
What is OPS?
OPS(TM) stands for "Operational-cashflow Per Share." It is derived from the line item "Cash Flow from Operations" which appears in a company's quarterly and annual Cash Flow Statements filed with the Securities & Exchange Commission. "OPS" is calculated by dividing a company's Cash Flow from Operations by the total number of shares outstanding. After conducting in-depth research on Operational-cashflow Per Share, StockDiagnostics.com determined that OPS can be used to measure the quality of a company's EPS and for monitoring its overall financial health. Cash Flow from Operations is a company's financial lifeblood and a sudden decrease in it can drain this lifeblood, causing an increase in debt, share dilution, share price erosion, and in the more extreme cases, bankruptcy. For more information on OPS go to: http://www.stockdiagnostics.com/member/ops.htm
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