Applied Materials (NASDAQ: AMAT) reported fourth-quarter 2020 financial results after the closing bell on Thursday. The manufacturing giant reported Q4 revenue of $4.69 billion, up 25% year-over-year and higher than the Wall Street projection. Net income of $1.25 per share was much better than what analysts had anticipated.
AMAT shares rose 2.7% immediately following the announcement. The stock has gained 13% since the beginning of this year.
Prior performance
Most Popular
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
Target (TGT): A look at some of the challenges faced by the retailer in 3Q24
Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and