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Investing.com - Applied Materials reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Applied Materials announced earnings per share of $1.9 on revenue of $6.20B. Analysts polled by Investing.com EPS of $1.77 on revenue of $5.94B.
Applied Materials 's are up 49% and is trading at $129.27 , still down 11.25% from its 52 week high of $145.66 set on Monday, April 5, 2021.
Applied Materials follows other major Technology sector earnings this month
Applied Materials's report follows an earnings beat by Apple on Tuesday, July 27, 2021, who reported EPS of $1.3 on revenue of $81.43B, EPS of $1.01 on revenue of $73.33B.
Alphabet C had beat expectations on Tuesday, July 27, 2021 with second quarter EPS of $27.26 on revenue of $61.88B, for EPS of $19.33 on revenue of $56.19B.
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