Applied Materials Announces Second Quarter 2023 Results

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Applied Materials (AMAT) Tops Q2 EPS by 16c, Offers Guidance

May 18, 2023 4:02 PM EDT

Applied Materials (NASDAQ: AMAT) reported Q2 EPS of $2.00, $0.16 better than the analyst estimate of $1.84. Revenue for the quarter came in at $6.63 billion versus the consensus estimate of $6.39 billion.

GUIDANCE:

Applied Materials sees Q3 2023 EPS of $1.56-$1.92, versus the consensus of $1.65.... More