Page 47 - Applied Materials News Today

Applied Materials (NASDAQ:AMAT – Get Free Report) issued an update on its third quarter earnings guidance on Thursday morning. The company provided EPS guidance of $1.83-2.19 for the period, compared to the consensus EPS estimate of $1.98. The company issued revenue guidance of $6.25-7.05 billion, compared to the consensus revenue estimate of $6.59 billion. Applied […]

Cantor Fitzgerald reaffirmed their overweight rating on shares of Applied Materials (NASDAQ:AMAT – Free Report) in a report released on Friday morning, Benzinga reports. The brokerage currently has a $260.00 target price on the manufacturing equipment provider’s stock. Cantor Fitzgerald also issued estimates for Applied Materials’ FY2024 earnings at $8.37 EPS. A number of other […]

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SMC Corporation Financial Results Briefing for the Fiscal Year Ended March 2024 May 15, 2024 Event Summary ...

Applied Materials (NASDAQ:AMAT – Get Free Report) issued an update on its third quarter 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.830-2.190 for the period, compared to the consensus estimate of 1.830. The company issued revenue guidance of $6.3 billion-$7.1 billion, compared to the consensus revenue estimate […]

AMAT earnings call for the period ending March 31, 2024.

Applied Materials has benefited from growing demand for wafer fabrication equipment, which are sophisticated and expensive machinery to make semiconductors, as its customers are investing heavily to produce artificial intelligence chips.

Applied Materials reported a 5% increase in non-GAAP EPS to $2.09 for its second accounting quarter on Thursday evening, but a 0.1-point drop in non-GAAP operating margin to 29%, on stable revenues of...

OPENING CALL Stock futures edged lower on Friday, retreating from record-high levels on Wednesday and after the Dow crossed 40,000 for the first time on Thursday. Global stocks, bonds,...