Categories Earnings, Technology
Infographic: Highlights of Applied Materials (AMAT) Q2 2020 earnings results
Applied Materials (NASDAQ: AMAT) reported its financial results for the quarter ended March 31, 2020, on Thursday after the market closes. The results missed analysts’ expectations.
The company posted a 13% jump in earnings for the second quarter of 2020 helped by higher revenue. The company is withdrawing its guidance due to the impact of the COVID-19 pandemic on its supply chain and manufacturing operations. The demand for advanced electronic products has been dominating the semiconductor industry but the COVID-19 pandemic has changed the tables around.
However, for the future, the industry continues to expect the growth of data and emerging end-market drivers that include artificial intelligence, augmented and virtual reality, the Internet of Things (IoT), and smart or autonomous vehicles, to drive the demand for advanced electronic products.
As navigating the challenges created by COVID-19, the company believes its supply chain is recovering and the underlying demand for its semiconductor equipment and services remains robust.
Past Performance
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
