Applied Materials: Q1 adjusted EPS up 42%
(CercleFinance.com) - On Thursday evening Applied Materials announced Q1 2020-21 adjusted earnings that are up 42% to 1.
28 billion dollars, with EPS of 1.39 dollar, above the consensus.
The semiconductor component manufacturer's adjusted operating margin improved 3.3 points to 29%, for revenues that are up 24% at 5.16 billion dollars.
For the current quarter, the group, which is based in Santa Clara (California) said it expects adjusted EPS of 1.44 to 1.56 dollar, with revenues of around 5.19 to 5.59 billion dollars.
A stock to watch today, it is up almost 5% in pre-market trading on Friday.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
28 billion dollars, with EPS of 1.39 dollar, above the consensus.
The semiconductor component manufacturer's adjusted operating margin improved 3.3 points to 29%, for revenues that are up 24% at 5.16 billion dollars.
For the current quarter, the group, which is based in Santa Clara (California) said it expects adjusted EPS of 1.44 to 1.56 dollar, with revenues of around 5.19 to 5.59 billion dollars.
A stock to watch today, it is up almost 5% in pre-market trading on Friday.
Copyright (c) 2021 CercleFinance.com. All rights reserved.