Applied Materials’ (NASDAQ: AMAT) earnings and revenue for the third quarter exceeded the market’s views. Adjusted EPS of $1.06 and revenue of $4.40 billion in Q3, grew 43% and 23%, respectively and beat the consensus targets. AMAT stock rose about 1% in the after-market hours.
On a GAAP basis, earnings grew 49% to $0.91 per share. The company returned $402 million to shareholders including $200 million in share repurchases and dividends of $202 million.
The Santa Clara, California-based semiconductor firm expects sales in the fourth quarter of 2020 to be approximately $4.60 billion, plus or minus $200 million. Non-GAAP EPS is expected to be in the range of $1.11 to $1.23.
AMAT stock had advanced 7% since the beginning of this year and 35% in the last 12 months.
Aurora Cannabis Inc. (NYSE: ACB) reported third quarter 2021 earnings results today. Total revenues fell 25% year-over-year to CAD55.1 million. Adjusted EBITDA loss amounted to CAD24 million. Cash balance as
Media behemoth The Walt Disney Company (NYSE: DIS) reported second-quarter revenues that declined from last year as customers stayed away from theatres and parks due to pandemic-related safety issues and
Shares of Tattooed Chef Inc. (NASDAQ: TTCF) have gained 57% over the past 12 months but has dropped 25% since the start of this year. The sentiment on the stock