Applied Materials earnings, outlook top Wall Street expectations, and stock rises

Applied Materials Inc. shares rose in the extended session Thursday after both earnings and outlook for the maker of semiconductor-manufacturing equipment topped Wall Street expectations.

Applied Materials reported net income of $1.56 billion, or $1.85 a share, for the fiscal third quarter, compared with $1.61 billion, or $1.85 a share, in the year-ago period. Adjusted earnings, which excluded the effects of share-based compensation and other items, were $1.90 a share, compared with $1.94 a share in the year-ago period. Revenue declined to $6.43 billion from $6.52 billion in the year-ago quarter.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock market today: Wall Street drops as faltering Chinese economy sets off global slideA sharp drop for Wall Street capped a day of declines worldwide after discouraging data on China raised worries about the global economy.
Herkunft: AP - 🏆 728. / 51 Weiterlesen »

Stock market today: Wall Street rises in early trading, though bond yields remain highStocks are opening slightly higher on Wall Street following some encouraging profit reports from big companies.
Herkunft: ksatnews - 🏆 442. / 53 Weiterlesen »

Market relief in Wall Street amid China’s jitters: Russell 2000, Straits Times Index, AUD/USDWall Street managed to start the week higher, tapping on some recovery in big tech and semiconductors to override earlier jitters around China’s property and financial sector risks.
Herkunft: DailyFX - 🏆 305. / 63 Weiterlesen »