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Applied Materials (AMAT) Q2 Earnings & Revenues Top Estimates
AMATApplied Materials(AMAT) zacks.com·2024-05-17 17:35

Applied Materials Inc. (AMAT) reported second-quarter fiscal 2024 non-GAAP earnings of 2.09pershare,surpassingtheZacksConsensusEstimateby6.12.09 per share, surpassing the Zacks Consensus Estimate by 6.1%. Moreover, the figure improved 5% from the year-ago quarter’s reported number.Net revenues of 6.65 billion were up 0.2% from the year-ago quarter. The figure surpassed the Zacks Consensus Estimate of $6.51 billion.Strong momentum in the Applied Global Services (“AGS”) segment was a positive. Improving the Display segment contributed well. AMAT also experien ...