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Applied Materials: Q2 EPS up 13%

(CercleFinance.com) - On Thursday evening semiconductor equipment maker Applied Materials reported adjusted net profit that is up 8% to nearly 1.
64 billion dollars for Q2 2021-22, representing EPS of 1.85 dollar (+13%).

Its adjusted operating margin fell 1.1% to 30.6%, on revenue that is up 12% to over 6.24 billion dollars, despite a supply environment that remains challenging.

For the current quarter, the Santa Clara, California-based company said it expects adjusted EPS of 1.59 to 1.95 dollar, with revenue of around 6.25 billion dollars, give or take 400 million dollars.



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