Applied Mat (NASDAQ:AMAT) reported its Q1 earnings results on Thursday, February 15, 2024 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Applied Mat beat estimated earnings by 11.52%, reporting an EPS of $2.13 versus an estimate of $1.91.
Revenue was down $32.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.24 which was followed by a 4.02% drop in the share price the next day.
Here’s a look at Applied Mat’s past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | 1.88 | 1.74 | 1.84 | 1.93 |
| EPS Actual | 2.12 | 1.90 | 2 | 2.03 |
| Revenue Estimate | 6.14B | 6.16B | 6.38B | 6.69B |
| Revenue Actual | 6.72B | 6.42B | 6.63B | 6.74B |
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.
