Applied Materials (AMAT) Q3 Earnings & Revenues Top Estimates
AMATApplied Materials(AMAT) ZACKS·2024-08-16 20:55

Applied Materials Inc. (AMAT) reported third-quarter fiscal 2024 non-GAAP earnings of 2.12pershare,whichsurpassedtheZacksConsensusEstimateby5.52.12 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 ...