Applied Materials, Inc. (NASDAQ:AMAT ) Q2 2024 Earnings Conference Call May 16, 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 Mark Lipacis - Evercore ISI Vivek Arya - Bank of America Securities Chris Caso - Wolfe Research Srini Pajjuri - Raymond James Atif Malik - Citi Toshiya Hari - Goldman Sachs Krish Sankar - TD Cowen Timothy Arcuri - UBS Securities Joe Quatrochi - Wells Fargo Harlan Sur - JPMorgan Mehdi Hosseini - Susquehanna Operator Welcome to the Applied Materials Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.
Applied Materials (AMAT) came out with quarterly earnings of $2.09 per share, beating the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $2 per share a year ago.
Although the revenue and EPS for Applied Materials (AMAT) give a sense of how its business performed in the quarter ended April 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Semiconductor equipment vendor Applied Materials beat estimates for its fiscal second quarter and guided above views for the current period.
Despite better-than-expected results for its latest quarter, Applied Materials Inc. shares were moving lower in Thursday's extended session.
Applied Materials Inc (NASDAQ: AMAT) is slipping in extended trading even though it reported market-beating financial results for its second quarter. This is a developing story.
Semiconductor equipment maker Applied Materials forecast third-quarter revenue above Wall Street estimates on Thursday, indicating robust demand fueled by an artificial intelligence boom.
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