(AMAT) Applied Materials Earnings Beat – Outlook Weakens
Applied Materials’ (AMAT) fourth quarter earnings beat the Zacks Consensus by 5 cents, or 16.1%. Revenue came in much higher than expectations, exceeding the Zacks Consensus by 11.3%. All except the Applied Global Services (“AGS”) segment outperformed management guidance. However, the improvement in Energy and Environmental Systems (“EES”) was the most significant. Revenue Revenue of $2.89 billion [...] (AMAT) Applied Materials Earnings Beat – Outlook Weakens
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