| | | Applied Materials beats by $0.06, beats on revs; guides Q1 EPS in-line, revs in-line
-3.25%
Reports Q4 (Oct) earnings of $2.17 per share, excluding non-recurring items, $0.06 better than the FactSet Consensus of $2.11; revenues fell 3.5% year/year to $6.8 bln vs the $6.68 bln FactSet Consensus. Co issues in-line guidance for Q1, sees EPS of $1.98-2.38, excluding non-recurring items, vs. $2.14 FactSet Consensus; sees Q1 revs of $6.35-7.35 bln vs. $6.79 bln FactSet Consensus."Based on our conversations with our customers and partners, we are preparing Applied's operations and service organizations to be ready to support higher demand beginning in the second half of calendar 2026," said Brice Hill, Senior Vice President and CFO. "We have targeted our R&D investments to create new products and technologies that will enable even faster and more energy-efficient transistors, chips and systems and drive our growth in the years ahead." |
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