— 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: How Alaska Air Group (ALK) performed in Q1 2024
Alaska Air Group (NYSE: ALK) reported its first quarter 2024 earnings results today. Total operating revenue increased 2% year-over-year to $2.23 billion. Net loss amounted to $132 million, or $1.05 per
KMI Earnings: Kinder Morgan Q1 2024 adjusted profit increases; revenue drops
Kinder Morgan, Inc. (NYSE: KMI) reported higher adjusted earnings for the first quarter of 2024 despite a decrease in revenues. The energy infrastructure company also issued guidance for the full
What to expect when Altria (MO) reports first quarter 2024 earnings results
Shares of Altria Group, Inc. (NYSE: MO) stayed green on Wednesday. The stock has dropped 8% over the past one month. The tobacco giant is scheduled to report its first