Earnings from applied materials, lost revenue in the fourth quarter by Investing.com
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Investing.com – Applied Materials (NASDAQ 🙂 reported on Thursday that it lost analysts ’forecasts and expectations that fell short of expectations in the fourth quarter.
Applied Materials has announced earnings of $ 1.94 per share with revenue of $ 6.12 million. Analysts surveyed by Investing.com forecast a BPA of $ 1.96 with revenue of $ 6.38 billion.
Shares of Applied Materials have risen 83% since the start of the year, down 0.19% from the still-high $ 159.00 set on November 16.
Applied Materials shares lost 6.43% in overtime trading, according to the report.
Applied Materials is tracking other important gains in the Information Technology sector this month
Applied Materials’s report on October 28 after Apple matched earnings reported a BPA of $ 1.24 with revenue of $ 83.36 million, compared to a $ 85.05 million forecast of $ 1.24.
Microsoft exceeded expectations on Oct. 26, with $ 2.27 billion in revenue in the first quarter, with $ 45.32 million in revenue, compared to a $ 2.08 billion in BPA forecast of $ 44 million.
Stay up to date by visiting all upcoming earnings reports Investing.com’s earnings calendar
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