Applied Materials Earnings Top As Margins Rise Again
No. 1 chip gear maker Applied Materials, saying it’s negotiating the biggest changes in the history of its industry, late Thursday posted a 56% jump in EPS, beating analyst expectations. Revenue rose 14.7% and slightly missed Wall Street expectations, but Applied (AMAT) stock was up nearly 2% in after-hours trading, after it released results for its fiscal Q3 ended July 27. The company’s Q4 earnings outlook slightly beat views, while its revenue