Applied Materials stock slips despite Q3 earnings, revenue beat

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Applied Materials News

Seana Smith,Brad Smith,Revenue Expectations

Shares of Applied Materials (AMAT) are slipping despite topping third quarter earnings and revenue expectations. Morning Brief Hosts Seana Smith and Brad...

Shares of applied materials actually moving lower this morning right now in pre market.China sales did account for a smaller portion of the company's total revenue than projected.

Uh for all you mobile phone users out there and the handset users, which is like everybody L CD equipment spending remains low. And in terms of why we are seeing a bit of a reaction here to the downside off just about 3.5% ahead of the opening bell might be a bit of a surprise when you're just taking a look at these numbers at face value.

So the fact that they did not raise our guidance, I think very much viewed as a disappointment here to the street this morning.BERLIN — An investigation found no evidence that the water supply at a major air force barracks in western Germany was tampered with, the country's Defense Ministry said Friday, two days after the facility was sealed off for hours over fears of possible sabotage.

 

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