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Applied Materials announced earnings per share of $1.25 on revenue of $4.69B. Analysts polled by Investing.com anticipated EPS of $1.17 on revenue of $4.6B.
Applied Materials shares are up 14% from the beginning of the year, still down 8.06% from its 52 week high of $75.90 set on November 9. They are under-performing the Nasdaq 100 which is up 35.43% from the start of the year.
Applied Materials shares gained 1.75% in after-hours trade following the report.
Applied Materials’s report follows an earnings beat by Apple on October 29, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.71 on revenue of $63.8B.
Microsoft had beat expectations on October 27 with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
