From Barchart: 2025-02-14 12:33:00

Applied Materials (NASDAQ:AMAT) beat Q1 earnings estimates with $2.38 adjusted EPS and $7.17 billion in revenue, up 7% year-over-year. However, shares dropped 7% on weaker Q2 guidance, with revenue forecasted at $7.1 billion and EPS at $2.30, potentially signaling challenges ahead. Gross margin improved to 48.9%, but export control concerns loom.



Read more at Barchart:: Applied Materials Drops 7% as Soft Q2 Outlook Over…