Applied Materials: Q3 Earnings Insights

Shares of Applied Materials AMAT rose 1.68% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 43.24% over the past year to $1.06, which beat the estimate of $0.95.

Revenue of $4,395,000,000 higher by 23.39% from the same period last year, which beat the estimate of $4,180,000,000.

Guidance

Q4 EPS expected to be between $1.11 and $1.23.

Q4 revenue expected to be between $4,400,000,000 and $4,800,000,000.

How To Listen To The Conference Call

Date: Aug 13, 2020

Time: 04:30 PM

ET Webcast URL: https://ir.appliedmaterials.com/encrypted-node/23606

Price Action

Company's 52-week high was at $69.44

52-week low: $36.64

Price action over last quarter: Up 25.85%

Company Profile

Applied Materials is one of the world's largest suppliers of semiconductor manufacturing equipment, providing materials engineering solutions to help make nearly every chip in the world. The firm's systems are used in nearly every major process step with the exception of lithography. Key tools include those for chemical and physical vapor deposition, etching, chemical mechanical polishing, wafer- and reticle-inspection, critical dimension measurement, and defect-inspection scanning electron microscopes.