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Applied Materials Earnings, Revenue Beat in Q1

Published 16/02/2022, 22:04
Applied Materials Earnings, Revenue Beat in Q1
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Investing.com - Applied Materials reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Applied Materials announced earnings per share of $1.89 on revenue of $6.27B. Analysts polled by Investing.com EPS of $1.86 on revenue of $6.19B.

Applied Materials 's are down 10% and is trading at $140.96 , still down 15.62% from its 52 week high of $167.06 set on Friday, January 14, 2022.

Applied Materials follows other major Information Technology sector earnings this month

Applied Materials's report follows an earnings beat by Apple on Thursday, January 27, 2022, who reported EPS of $2.1 on revenue of $123.95B, EPS of $1.9 on revenue of $119B.

Microsoft had beat expectations on Tuesday, January 25, 2022 with second quarter EPS of $2.48 on revenue of $51.73B, for EPS of $2.32 on revenue of $50.74B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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