Categories AlphaGraphs, Earnings, Technology
Everything you need to know about Applied Materials’ (AMAT) Q2 earnings
Applied Materials, Inc. (NASDAQ: AMAT) on Thursday announced financial results for the second quarter of 2023, reporting a 6% increase in net sales.
Adjusted earnings of the semiconductor technology company moved up to $2.00 per share in the second quarter from $1.85 per share in the same period of 2022. Net income, including special items, was $1.58 billion or $1.86 per share in the April quarter, compared to $1.54 billion or $1.74 per share last year.
There was a 6% increase in net sales to $6.63 billion during the three-month period, mainly reflecting continued strong performance by the core Semiconductor Systems segment.
“Our longer-term outlook is very positive as semiconductors become a larger and more strategically important market globally and major technology inflections are enabled by materials engineering, creating outsized growth opportunities for Applied,” said Gary Dickerson, the company’s CEO.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Tyson Foods (TSN) Q2 2024 Earnings: Key financials and quarterly highlights
Tyson Foods, Inc. (NYSE: TSN) reported second quarter 2024 earnings results today. Sales dipped slightly to $13.07 billion from $13.1 billion in the same period a year ago. Net income
After mixed Q2, what awaits Apple (AAPL) in the second half?
Apple’s (NASDAQ: AAPL) stock rallied this week after the gadget giant reported stronger-than-expected Q2 results and announced the largest-ever share buyback program. The company is investing heavily in the business,
What to expect when Tyson Foods (TSN) reports Q2 2024 earnings results
Shares of Tyson Foods, Inc. (NYSE: TSN) stayed green on Friday. The stock has gained 8% over the past three months. The branded foods company is slated to report its
