Tag Archives: amat

Applied Materials Quells Fears With Earnings Report

Applied Materials (AMAT) stock rose Friday after the company reported quarterly earnings late Thursday that met Wall Street estimates and eased analyst concerns about the strength of the semiconductor industry’s rebound. The largest producer of chipmaking equipment posted a 19% increase in revenue to $2.35 billion from the same quarter a year ago. That was its third quarter in a row of double-digit gains. Earnings per share minus items rose 75% to

Applied Materials Earnings Report Meets Estimates

Applied Materials, the largest producer of chip-making equipment, late Thursday reported quarterly earnings that met Wall Street estimates. Its in-line guidance for sales and earnings for the current quarter cheered investors. For its fiscal second quarter ended April 27, Applied Materials (AMAT) reported earnings per share minus items of 28 cents, meeting the consensus estimate of analysts polled by Thomson Reuters. That was up 75% from the

Applied Materials Seen Posting Double-Digit Growth

Chip gear maker Applied Materials (AMAT) is scheduled to report its fiscal second-quarter earnings after the market close Thursday. The consensus estimate, among analysts polled by Thomson Reuters, is for revenue of $2.35 billion. That would be up 20% from the same quarter a year ago and its third quarter in a row of double-digit gains. That was preceded by eight quarters in a row of double-digit declines. The consensus on earnings per share minus