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InvestmentsApplied Materials Earnings, Revenue Miss in Q4 By Investing.com

Applied Materials Earnings, Revenue Miss in Q4 By Investing.com

© Reuters. Applied Materials Earnings, Revenue Miss in Q4

Investing.com – Applied Materials (NASDAQ:) reported on Thursday fourth quarter that missed analysts’ forecasts and income that fell wanting expectations.

Applied Materials introduced earnings per share of $1.94 on income of $6.12B. Analysts polled by Investing.com anticipated EPS of $1.96 on income of $6.38B.

Applied Materials shares are up 83% from the start of the yr, nonetheless down 0.19% from its 52 week excessive of $159.00 set on November 16. They are outperforming the which is up 27.89% from the beginning of the yr.

Applied Materials shares misplaced 6.43% in after-hours commerce following the report.

Applied Materials follows different main Information Technology sector earnings this month

Applied Materials’s report follows an earnings matched by Apple on October 28, who reported EPS of $1.24 on income of $83.36B, in comparison with forecasts EPS of $1.24 on income of $85.05B.

Microsoft had beat expectations on October 26 with first quarter EPS of $2.27 on income of $45.32B, in comparison with forecast for EPS of $2.08 on income of $44B.

Stay up-to-date on all the upcoming earnings reviews by visiting Investing.com’s earnings calendar

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