Investing.com – Applied Materials (NASDAQ:) reported fourth quarter that beat analysts’ expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.8 on revenue of $3.75B. Analysts polled by Investing.com forecast EPS of $0.76 on revenue of $3.68B. That compared to EPS of $0.97 on revenue of $4.01B in the same period a year earlier. The company had reported EPS of $0.74 on revenue of $3.56B in the previous quarter.
Applied Materials shares gained 3.44% to trade at $58.96 in after-hours trade following the report.
Applied Materials follows other major Technology sector earnings this month
On October 30, Apple reported fourth quarter EPS of $3.03 on revenue of $64.04B, compared to forecasts of EPS of $2.83 on revenue of $63.01B.
Microsoft earnings beat analysts’ expectations on October 23, with first quarter EPS of $1.38 on revenue of $33.06B. Investing.com analysts expected EPS of $1.25 on revenue of $32.15B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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