— Applied Materials, Inc. (NASDAQ: AMAT)reported adjusted earnings of $0.80 per share for the fourth quarter of 2019, vs. $0.76 per share expected.
— Net income, on an unadjusted basis, dropped to $698 million or $0.75 per share from $757 million or $0.77 per share last year
— Net sales were broadly flat at $3.75 billion, compared to the fourth quarter of 2018, vs. $3.68 billion expected
— Expects first-quarter sales to be about $4.10 billion, plus or minus $150 million
— Adjusted earnings are expected to be in the range of $0.87 per share to $0.95 per share in Q1
— Returned $3.17 billion to shareholders in the whole of 2019, through share buybacks and dividends
— Applied Materials shares closed Thursday’s regular session lower but gained 3% in the after-hours session
Most Popular
Earnings Preview: Microsoft expected to report higher Q3 revenue, profit
Tech behemoth Microsoft Corp. (NASDAQ: MSFT) is preparing to report its third-quarter 2025 results, amid expectations for a year-over-year increase in revenue and earnings. The company has performed well recently,
What to expect when eBay (EBAY) reports its Q1 2025 earnings results
Shares of eBay Inc. (NASDAQ: EBAY) were down slightly in midday trade on Friday. The stock has gained 8% year-to-date. The ecommerce giant is slated to report its earnings results
AbbVie Q1 2025 adjusted earnings increase on 8% revenue growth; beat estimates
Biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) announced first-quarter 2025 financial results, reporting an increase in revenue and adjusted earnings. The company reported worldwide net revenues of $13.3 billion for the
