Categories AlphaGraphs, Earnings, Technology
Earnings: Applied Materials (AMAT) Q2 profit, revenue increase
Semiconductor technology company Applied Materials, Inc. (NASDAQ: AMAT) on Thursday reported higher earnings and revenues for the second quarter of 2022. However, the results missed analysts’ estimates.
Adjusted net income increased to $1.85 per share in the second quarter from $1.63 per share in the same period of 2021. The latest number missed consensus estimates. Net income, including special items, was $1.54 billion or $1.74 per share in the April quarter, compared to $1.33 billion or $1.43 per share last year.
Check this space to read management/analysts’ comments on Applied Materials’ Q2 earnings
The positive bottom-line performance reflects a 12% increase in revenues to $6.25 billion, with the core Semiconductor Systems segment accounting for nearly three-fourths of total sales. Analysts were looking for faster top-line growth.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
