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
What to expect when Darden Restaurants reports Q1 results
Darden Restaurants, Inc. (NYSE: DRI) is scheduled to release its first-quarter report on September 19, with analysts forecasting a year-over-year increase in sales and profit. The market will be keeping a
Oracle (ORCL) sees continued strong revenue growth in FY25
Oracle Corporation (NYSE: ORCL) started the new fiscal year on a high note with stronger-than-expected first-quarter results, driving the stock higher soon after the announcement. The tech giant’s earnings and
What to look for when Lennar Corporation (LEN) reports its Q3 2024 earnings results
Shares of Lennar Corporation (NYSE: LEN) were down over 1% on Tuesday. The stock has gained over 16% in the past three months. The homebuilder is scheduled to report its
