Chip equipment supplier Applied Materials reported better than expected fiscal fourth quarter profit and revenue after the market close Thursday. AMAT reported Record quarterly revenue of $6.75 billion, up 10 percent year over year. The company raised its Guidance sending the stock up 4% in the after-hours market. Record revenue in semi systems and AGS with strong orders and growing backlog. Applied Materials Q4 22 Earnings: Applied Materials reported fiscal fourth-quarter net income of $1.59 billion, or $1.85 a share, on sales of … Continue reading “Chip Equipment Maker Applied Materials Raises Guidance, Delivers Record Revenue”
Applied Materials Profits Beat Expectations, Raises Guidance
Chip equipment supplier Applied Materials $AMAT reported better than expected fiscal third-quarter profit and revenue after the market close Thursday. The stock raised its Guidance sending the stock up 4% in the after-hours market. Record revenue in semi systems and AGS with strong orders and growing backlog. Earnings AMAT fiscal third-quarter profit and revenue adjusted earnings was $1.94 a share on sales of $6.52 billion. Wall Street had expected earnings of $1.78 a share on sales of $6.27 billion, according to FactSet. On … Continue reading “Applied Materials Profits Beat Expectations, Raises Guidance”
Applied Materials Earnings Beat, Raises Guidance
Chip equipment supplier Applied Materials reported better than expected fiscal fourth quarter earnings after the market close Thursday. Last quarter $AMAT showed a 44% dip in earnings as weak performance from all three segments hurt net sales.
Applied Materials Earnings Beat Expectations But China Trade War Drags
Chip equipment supplier Applied Materials reported better than expected third quarter earnings after the market close Thursday. $AMAT showed a 44% dip in earnings as weak performance from all three segments hurt net sales.
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Applied Materials Lowers Guidance, Focuses on AI Big Data Expansion
Chip equipment supplier Applied Materials reported better than expected fourth quarter earnings after the market close Thursday BUT guided lower. $AMAT fell 9% iniitally but rebounded to be up 1% by the end of the session.
Applied Materials Lowers Guidance Pushing Chip Equipment Stocks Sharply Lower
Chip equipment supplier Applied Materials reported better than expected quarterly earnings after the market close Thursday BUT guided lower. $AMAT shares fell 9% and dragged other chipmakers, the Nasdaq and other U.S. indices lower.
Applied Materials Beats Earnings, Raises Guidance $AMAT Up 4%
Chip equipment supplier Applied Materials $AMAT reported better than expected quarterly earnings after the market close Thursday. $AMAT raised its Guidance with the stock up 4% in the after hours market.