Microvast Holdings announces departure of chief financial officer
Investing.com - Applied Materials reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Applied Materials announced earnings per share of $1.94 on revenue of $6.12B. Analysts polled by Investing.com EPS of $1.96 on revenue of $6.38B.
Applied Materials 's are up 83% and is trading at $148.50 , still down 0.19% from its 52 week high of $159.00 set on Tuesday, November 16, 2021.
Applied Materials shares lost 6.43% to trade at $148.50 in after-hours trade the report.
Applied Materials follows other major Information Technology sector earnings this month
Applied Materials's report follows an earnings matched by Apple on Thursday, October 28, 2021, who reported EPS of $1.24 on revenue of $83.36B, EPS of $1.24 on revenue of $85.05B.
Microsoft had beat expectations on Tuesday, October 26, 2021 with first quarter EPS of $2.27 on revenue of $45.32B, for EPS of $2.08 on revenue of $44B.
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