Applied Mat: Q2 Earnings Insights

Applied Mat (NASDAQ:AMAT) reported its Q2 earnings results on Thursday, May 18, 2023 at 04:01 PM. Here’s what…

Applied Mat (NASDAQ:AMAT) reported its Q2 earnings results on Thursday, May 18, 2023 at 04:01 PM.

Here’s what investors need to know about the announcement.

Earnings

Applied Mat beat estimated earnings by 8.7%, reporting an EPS of $2.0 versus an estimate of $1.84.

Revenue was up $385.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.1 which was followed by a 0.04% increase in the share price the next day.

Here’s a look at Applied Mat’s past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 1.93 1.74 1.79 1.90
EPS Actual 2.03 2.03 1.94 1.85
Revenue Estimate 6.69B 6.45B 6.28B 6.37B
Revenue Actual 6.74B 6.75B 6.52B 6.25B

To track all earnings releases for Applied Mat visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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