Applied Materials stock falls as Q2 guidance disappoints
Applied Materials Inc (NASDAQ:AMAT) reported first-quarter earnings that beat analyst estimates, but its stock fell 3.3% in after-hours trading as second-quarter guidance fell short of expectations.
Applied Materials sees Q2 EPS $2.30 +/- 18c, consensus $2.29
M, consensus $7.2B. Sees Q2 gross margin 48.4%. “We delivered strong financial performance in the first fiscal ...
Applied Materials reports Q1 EPS $2.38, consensus $2.30
Reports Q1 revenue $7.17B, consensus $7.16B. “The industry drive to accelerate the development of advanced compute and more sophisticated AI is ...