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Applied Materials announced earnings per share of $2.03 on revenue of $6.75B. Analysts polled by Investing.com anticipated EPS of $1.75 on revenue of $6.45B.
Applied Materials shares are down 33% from the beginning of the year, still down 37.48% from its 52 week high of $167.06 set on January 14.
Applied Materials shares gained 2.15% in after-hours trade following the report.
Applied Materials’s report follows an earnings beat by Apple on October 27, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on October 25 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
