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Applied Materials Q2 Earnings: Revenue Beat, EPS Beat, Positioned For Growth In AI, EVs, Clean Energy And More

Summary

Applied Materials said second-quarter revenue was flat on a year-over-year basis. The chip equipment company reported total revenue of $6.646 billion which beat the consensus estimate of $6.537 billion, according to Benzinga Pro. Applied Materials reported adjusted earnings of $2.09 per share, beating analyst estimates of $1.99 per share.

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Article published on May 16, 2024 by benzinga