Categories AlphaGraphs, Earnings, Technology

AMAT Infographic: Applied Materials Q3 revenue up 5%; earnings beat

Semiconductor technology company Applied Materials, Inc. (NASDAQ: AMAT) on Thursday reported higher earnings for the third quarter of 2022, aided by a 5% increase in sales. The results also surpassed analysts’ estimates.

Applied Materials Q3 2022 earnings infographic

Adjusted net income increased to $1.94 per share in the third quarter from $1.90 per share in the same period of 2021. The latest number also beat consensus estimates. Net income, including special items, was $1.61 billion or $1.85 per share in the July quarter, compared to $1.72 billion or $1.87 per share last year.


Check this space to read management/analysts’ comments on Applied Materials’ Q3 earnings


There was a 5% increase in net sales to $6.52 billion, mainly reflecting continued strong performance by the core Semiconductor Systems segment that accounts for about three-fourths of total sales. Analysts were looking for slower top-line growth.

“We feel confident in our ability to navigate macroeconomic headwinds and remain very positive about the long-term strength of the semiconductor market and our outsized growth opportunities,” said Gary Dickerson, the company’s CEO.

Prior Performance

  • Applied Materials Q2 2022 earnings infographic
  • Applied Materials Q1 2022 Earnings Infographic

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

WBA Earnings Preview: Will Walgreens’ Q3 report bring cheer to investors?

Walgreens Boots Alliance, Inc. (NASDAQ: WBA) has been facing challenges due to higher operating costs, rising competition, and an unfavorable retail environment. These factors have put pressure on the drugstore

Main points from Accenture’s (ACN) Q3 2024 earnings report

Shares of Accenture (NYSE: ACN) rose 6% on Thursday, following the company’s announcement of its third-quarter 2024 earnings results. Although revenue and profits missed expectations, the stock jumped after the

ACB Earnings: Aurora Cannabis reports narrower Q4 loss on higher revenues

Aurora Cannabis, Inc. (NASDAQ: ACB) on Thursday reported a net loss for the fourth quarter of 2024. The company’s revenues moved up 5% year-over-year during the quarter. The Canada-based recreational

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