(AMAT) Applied Materials Grows But Earnings Miss Expectations
Applied Materials’ (AMAT) third quarter earnings missed the Zacks Consensus by 8 cents. This was in spite of the revenue beat of 6.1% and mainly on account of a higher-contribution from the loss-making EES unit (even excluding the one-time inventory adjustments, EES segment margins declined 309 bps). Analysts are generally more positive about Applied Materials after [...] (AMAT) Applied Materials Grows But Earnings Miss Expectations
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