Applied Materials Positioned For 2025 Growth Despite Soft China Revenue And Light Q4 Guidance, Analysts Say
Applied Materials(AMAT) Benzinga·2024-08-16 18:26
Applied Materials, Inc AMAT stock declined on Friday after the company reported upbeat third-quarter earnings on Thursday.The results came amid an exciting earnings season. Here are some key analyst takeaways.Applied Materials reported third-quarter revenue of $6.78 billion, beating the analyst consensus estimate of $6.67 billion. The company reported adjusted EPS of $2.12, beating analyst consensus estimates of 2.02.Also Read: Applied Materials Stock Drops After Chips Act Denies FundingNeedham analyst Char ...