) posted second quarter earnings per share of $2.09, coming in $0.10 above estimates, as well as revenue of $6.65 billion, topping the estimated $6.52 billion.and Futurum Chief Market Strategist Cory Johnson discuss the company's earnings and what they mean for the artificial intelligence race.That's 10 cents above estimates as ne second quarter net sales at 6.65 billion.
Analysts have been looking for $6.59 billion so looks like the shares are not doing a heck of a lot at the moment.It's up around 80% over the past 12 months.And obviously, you know, you care about this name because they're a big, big maker of chip making equipment.Obviously, they like to hear good things from a ma because they, they will take it out as sort of an indication of better times ahead of the chip industry.
And, and the market reaction is kind of ma, well, I mean, the guidance is you could drive a truck through that guidance.I mean, really like saying it's gonna be somewhere near something up or down, you know, the numbers they put up here today just now are good.They always, you know, lower their expectations about what they're gonna do and then beat it.
And we, we talk so much about expectations when we look at the market but companies that get bigger are better than companies that get smaller.