Applied Materials, Inc AMAT stock declined on Friday after the company reported upbeat third-quarter earnings on Thursday.The results came amid an exciting earnings season. Here are some key analyst takeaways.Applied Materials reported third-quarter revenue of $6.78 billion, beating the analyst consensus estimate of $6.67 billion. The company reported adjusted EPS of $2.12, beating analyst consensus estimates of 2.02.Also Read: Applied Materials Stock Drops After Chips Act Denies FundingNeedham analyst Char ...

Applied Materials Inc. (AMAT) reported third-quarter fiscal 2024 non-GAAP earnings of $2.12 per share, which surpassed the Zacks Consensus Estimate by 5.5%. Moreover, the figure improved 12% from the year-ago quarter.Net revenues of $6.78 billion were up 5% from the year-ago quarter. The figure surpassed the  consensus estimate by 1.6%.Strong momentum in the Display and Adjacent Markets and Applied Global Services (AGS) segments was a positive. The Semiconductor Systems segment’s enhanced performance contri ...

Applied Materials, Inc. (NASDAQ:AMAT) Q3 2024 Earnings Conference Call August 15, 2024 4:30 PM ET Company Participants Michael Sullivan - Corporate Vice President Gary Dickerson - President & Chief Executive Officer Brice Hill - Chief Financial Officer Conference Call Participants CJ Muse - Cantor Fitzgerald Stacy Rasgon - Bernstein Research Srini Pajjuri - Raymond James Vivek Arya - Bank of America Securities Chris Caso - Wolfe Research Krish Sankar - TD Cowen Joseph Moore - Morgan Stanley Joe Quatrochi - ...

Thursday, August 15th, 2024Another big day for the major market indexes. Robust data on Retail Sales, Exports and better-than-expected Jobless Claims all demonstrate that recession fears in the market had gotten ahead of themselves. Even with the idea that a 50 basis point (bps) rate cut by the Fed next month may be off the table — in favor of a 25 bps cut — markets rallied throughout the day.The Dow closed up +554 points, +1.39%. Yet it is the only major index to have climbed back into positive territory a ...

For the quarter ended July 2024, Applied Materials (AMAT) reported revenue of $6.78 billion, up 5.5% over the same period last year. EPS came in at $2.12, compared to $1.90 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $6.67 billion, representing a surprise of +1.63%. The company delivered an EPS surprise of +5.47%, with the consensus EPS estimate being $2.01.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Applied Materials (AMAT) came out with quarterly earnings of $2.12 per share, beating the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $1.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.47%. A quarter ago, it was expected that this maker of chipmaking equipment would post earnings of $1.97 per share when it actually produced earnings of $2.09, delivering a surprise of 6.09%.Over the last four ...

Key TakeawaysApplied Materials reported stronger-than-expected results for the fiscal third quarter and provided an outlook in line with projections.Quarterly revenue reached a record high and profit topped analysts' estimates.Applied Materials CEO Gary Dickerson said the record revenue was fueled by the race for artificial intelligence leadership. Applied Materials (AMAT) posted stronger-than-expected results for the fiscal third quarter, amid a surge in demand that the company's CEO said was fueled by the ...

Third Quarter Fiscal 2024 Earnings Presentation August 15, 2024 Applied Materials External Forward-Looking Statements 2 This presentation contains forward-looking statements, including those regarding anticipated growth and trends in our businesses and markets, industry outlooks and demand drivers, technology transitions, our business and financial performance and market share positions, our capital allocation and cash deployment strategies, our investment and growth strategies, our development of new produ ...

Exhibit 99.1 APPLIED MATERIALS ANNOUNCES THIRD QUARTER 2024 RESULTS • Revenue $6.78 billion, up 5 percent year over year • GAAP operating margin 28.7 percent and non-GAAP operating margin 28.8 percent, up 0.7 points and 0.5 points year over year, respectively • GAAP EPS $2.05 and non-GAAP EPS $2.12, up 11 percent and 12 percent year over year, respectively • Generated $2.39 billion in cash from operations SANTA CLARA, Calif., Aug. 15, 2024 — Applied Materials, Inc. (NASDAQ: AMAT) today reported results for ...

Revenue $6.78 billion, up 5 percent year over yearGAAP operating margin 28.7 percent and non-GAAP operating margin 28.8 percent, up 0.7 points and 0.5 points year over year, respectivelyGAAP EPS $2.05 and non-GAAP EPS $2.12, up 11 percent and 12 percent year over year, respectivelyGenerated $2.39 billion in cash from operations SANTA CLARA, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its third quarter ended Jul. 28, 2024. Third Quarter Results ...