Applied Materials Beats Q3 Targets On Strong Chip-Gear Sales

Detailed summary
Applied Materials beat Wall Street's targets for its fiscal fourth quarter and with its outlook for the current period. The post Applied Materials Beats Q3 Targets On Strong…
Applied Materials (AMAT) late Thursday beat Wall Street's targets for its fiscal fourth quarter and with its outlook for the current period. AMAT stock rose in extended trading. The semiconductor equipment giant earned an adjusted $4.16 a share on sales of $10.41 billion in the quarter ended Oct. 25. Analysts polled by FactSet had expected earnings of $4.06 a share…
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