Applied Materials earnings beat by $0.10, revenue topped estimates

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Applied Materials earnings beat by $0.10, revenue topped estimates

Investing.com - Applied Materials (NASDAQ: AMAT) reported first quarter EPS of $2.03, $0.10 better than the analyst estimate of $1.93. Revenue for the quarter came in at $6.74B versus the consensus estimate of $6.69B.

Guidance

Applied Materials sees Q2 2023 EPS of $1.66-$2.02 versus the analyst consensus of $1.75.

Applied Materials sees Q2 2023 revenue of $6.00B-$6.80B versus the analyst consensus of $5.86B.

Applied Materials's stock price closed at $115.39. It is up 10.21% in the last 3 months and down -15.45% in the last 12 months.

Applied Materials saw 1 positive EPS revisions and 17 negative EPS revisions in the last 90 days. See Applied Materials's stock price’s past reactions to earnings here.

According to InvestingPro, Applied Materials's Financial Health score is "great performance".

Check out Applied Materials's recent earnings performance , and Applied Materials's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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