— 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
Infographic: Nvidia (NVDA) Q4 revenue up 61%; earnings beat
Nvidia Corporation (NASDAQ: NVDA) Wednesday said its fourth-quarter revenues and profit increased in double-digits amid elevated demand. The results also topped the Street view, driving the stock higher during the
Nutanix (NTNX) Earnings: 2Q21 Key Numbers
Nutanix (NASDAQ: NTNX) reported second quarter 2021 earnings results today. Total revenue remained flat at $346.4 million compared to the same period a year ago. GAAP net loss was $287.3
Macy’s (M) expects digital channels to generate approx. $10 billion in sales by 2023
Shares of Macy’s Inc. (NYSE: M) were down 2.7% in morning trade on Wednesday. The stock has gained 37% since the beginning of the year. A day ago, the retailer
