Applied Materials (AMAT) Q3 Earnings & Revenues Top Estimates
Applied Materials(AMAT) ZACKS·2024-08-16 20:55
Applied Materials Inc. (AMAT) reported third-quarter fiscal 2024 non-GAAP earnings of $2.12 per share, which surpassed the Zacks Consensus Estimate by 5.5%. Moreover, the figure improved 12% from the year-ago quarter.Net revenues of $6.78 billion were up 5% from the year-ago quarter. The figure surpassed the consensus estimate by 1.6%.Strong momentum in the Display and Adjacent Markets and Applied Global Services (AGS) segments was a positive. The Semiconductor Systems segment’s enhanced performance contri ...