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.

Applied Materials Q3 2024 earnings infographic

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

  • Applied Materials Q1 2024 earnings infographic
  • Applied Materials Q4 2023 earnings infographic
  • Applied Materials Q3 2023 earnings infographic

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

Walgreens Boots Alliance set to report Q2 earnings. Here’s what to expect

Walgreens Boots Alliance, Inc. (NASDAQ: WBA), a market leader in health and wellness services, is preparing to report second-quarter results, with market watchers forecasting a mixed outcome. As part of

Chewy (CHWY) is set for meaningful growth in the coming year, here’s why

Shares of Chewy, Inc. (NYSE: CHWY) stayed red on Thursday. The stock has dropped 2% over the past three months. The pet products company ended fiscal year 2024 on a

GME Earnings: GameStop Q4 2024 profit rises; sales down 28%

Video game company GameStop Corp. (NYSE: GME) has reported an increase in fourth-quarter 2024 earnings, despite a double-digit fall in revenues. Net sales decreased to $1.28 billion in the fourth

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close