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Applied Materials Q3 2023 Earnings Call: Listen Live and Get the Real-Time Transcript

Semiconductor equipment company Applied Materials Inc (NASDAQ: AMAT) is scheduled to publish third-quarter 2023 results today after the closing bell.

Listen to Applied Materials’ Q3 2023 earnings call live and read the real-time transcript

It is widely expected that the tech firm would report earnings of $1.74 per share for the July quarter, excluding special items. That would be lower than the $1.94/share profit it generated a year ago. Analysts are looking for third-quarter revenues of $6.16 billion, which represents a 5.5% year-over-year decline.

In the second quarter, the company’s adjusted earnings rose to $2.00 per share from $1.85 per share in Q2 2022. Net income, including special items, was $1.58 billion or $1.86 per share in the April quarter, compared to $1.54 billion or $1.74 per share last year.

There was a 6% increase in net sales to $6.63 billion in the second quarter, mainly reflecting continued strong performance by the core Semiconductor Systems segment.

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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