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Applied Materials shares drop despite earnings beat, bullish outlook
Proactive36d agoneutral
Applied Materials shares drop despite earnings beat, bullish outlook

Applied Materials Inc (NASDAQ:AMAT, XETRA:AP2) shares fell about 4% on Friday even after the chipmaking equipment supplier beat Wall Street estimates on both revenue and profit for its fiscal third quarter and issued fourth-quarter guidance above expectations. The Santa Clara,...

Applied Materials Q3 Earnings Call Highlights
MarketBeat36d agoneutral
Applied Materials Q3 Earnings Call Highlights

Applied Materials (NASDAQ:AMAT) reported record fiscal third-quarter 2026 results, with revenue, operating profit and non-GAAP earnings per share reaching new highs as demand for AI-related semiconductor manufacturing equipment continued to strengthen. President and CEO Gary Dickerson said the comp