Categories AlphaGraphs, Earnings, Technology
Everything you need to know about Applied Materials’ (AMAT) Q2 earnings
Applied Materials, Inc. (NASDAQ: AMAT) on Thursday announced financial results for the second quarter of 2023, reporting a 6% increase in net sales.
Adjusted earnings of the semiconductor technology company moved up to $2.00 per share in the second quarter from $1.85 per share in the same period of 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 during the three-month period, mainly reflecting continued strong performance by the core Semiconductor Systems segment.
“Our longer-term outlook is very positive as semiconductors become a larger and more strategically important market globally and major technology inflections are enabled by materials engineering, creating outsized growth opportunities for Applied,” said Gary Dickerson, the company’s CEO.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
BK Earnings: Bank of New York Mellon Q3 2024 earnings climb on higher revenues
The Bank of New York Mellon Corporation (NYSE: BK) on Friday said its adjusted earnings increased in the third quarter of 2024. The financial service provider's assets under management and
BLK Earnings: BlackRock reports better-than-expected Q3 2024 results
Asset management company BlackRock, Inc. (NYSE: BLK) on Friday reported higher revenues and adjusted profit for the third quarter of 2024, which also came in above Wall Street's projections. Third-quarter
JPM Earnings: Key quarterly highlights from JPMorgan’s Q3 2024 financial results
JPMorgan Chase & Co. (NYSE: JPM) reported its third quarter 2024 earnings results today. Reported net revenue increased 7% year-over-year to $42.6 billion. Managed revenue rose 6% to $43.3 billion.
