Categories AlphaGraphs, Technology

Applied Materials (AMAT) Q3 Earnings: Key financials and quarterly highlights

Applied Materials, Inc. (NASDAQ: AMAT) reported third quarter 2021 earnings results today.

Revenues increased 41% year-over-year to $6.20 billion.

GAAP net income doubled to $1.71 billion, or $1.87 per share, compared to the year-ago quarter. Adjusted EPS rose 79% to $1.90.

For the fourth quarter of 2021, Applied expects net sales of approx. $6.33 billion, plus or minus $250 million. Adjusted EPS is expected to range between $1.87-2.01.

Prior performance

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Stitch Fix (SFIX) Stock: Will the innovative biz model survive virus-led slump?

The business world is still struggling to come out of the virus-induced slowdown, but it seems almost every retail segment benefited from the pandemic at some point. The vaccination drive

General Mills (GIS): Three factors that are expected to help drive growth for the food company going forward

Shares of General Mills Inc. (NYSE: GIS) were up 3.2% on Wednesday after the company delivered better-than-expected results for the first quarter of 2022. Net sales rose 4% year-over-year to

IPO Alert: Allvue Systems sets IPO terms, to raise around $290 million

It is estimated that the alternative investments industry has expanded at a compound annual rate of 10.2% over the past ten years and had $11 trillion in assets under management

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