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Technology Stocks : Semi Equipment Analysis

SOXX 343.07

-0.5%

Jan 26 4:00 PM EST

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Kirk ©

Sam

To: Kirk © who wrote (90214)	5/18/2023 6:03:26 PM
From: Return to Sender	2 Recommendations of 95765

Applied Materials beats by $0.17, beats on revs; guides JulQ EPS in-line, revs in-line 4:04 PM ET 5/18/23 \| Briefing.com Reports Q2 (Apr) earnings of $2.00 per share, excluding non-recurring items, $0.17 better than the S&P Capital IQ Consensus of $1.83; revenues rose 6.2% year/year to $6.63 bln vs the $6.37 bln S&P Capital IQ Consensus. Co issues in-line guidance for Q3 (Jul), sees EPS of $1.56-1.92, excluding non-recurring items, vs. $1.64 S&P Capital IQ Consensus; sees Q3 revs of $5.75-6.55 bln vs. $6.05 bln S&P Capital IQ Consensus. Always smart to take some profits when CSCO has reported as it marks the end of meaningful reports for the current quarter. With BPNDX and BPSOX where they are now the indexes are pretty overbought. RtS

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