Applied Materials Beats Q4 Estimates but Shares Dr…
From Financial Modeling Prep: 2024-11-15 08:00:00
Applied Materials (NASDAQ:AMAT) exceeded expectations for Q4 with adjusted EPS of $2.32 and revenue of $7.05 billion, beating forecasts. However, its Q1 revenue guidance of $7.15 billion fell short of expectations, causing a 7% drop in pre-market trading. EPS guidance of $2.29 met expectations, but revenue missed the $7.23 billion consensus.
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