Categories AlphaGraphs, Earnings, Technology
AMAT Earnings: Applied Materials reports higher revenue and profit for Q3 2024
Applied Materials, Inc. (NASDAQ: AMAT) on Thursday announced financial results for the third quarter of 2024, reporting an increase in revenue and adjusted earnings.
Adjusted earnings of the semiconductor technology company increased to $2.12 per share in the July quarter from $1.90 per share in the same period of 2023. Net income, including special items, was $1.71 billion or $2.05 per share in Q3, compared to $1.56 billion or $1.85 per share last year.
The bottom line benefited from an increase in net sales to $6.78 billion in the third quarter from $6.43 billion in the corresponding period last year.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
KB Home’s Q3 results expected to benefit from built-to-order model, stable demand
KB Home (NYSE: KBH) has been resilient to challenges like high mortgage rates and the inflation-induced strain on family budgets, while benefitting from the recovery in the housing market. When
Signet Jewelers (SIG) reports lower Q2 2025 sales and adj. profit
Signet Jewelers Limited (NYSE: SIG) has reported a decline in net sales and adjusted earnings for the second quarter of 2025. Same-store sales declined 3.4% during the three months. Net
Adobe reports higher Q3 revenue and earnings; results beat estimates
Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in third-quarter 2024 revenue and earnings. The results also topped expectations. Third-quarter revenues came in at $5.41 billion,