Applied Materials Inc. (AMAT) reported fourth quarter adjusted EPS of $0.97 after the close Thursday, which was in line with analysts' expectations. The company's revenue for the quarter rose 1.0% to $4.01 billion from $3.97 billion last year.
Applied Materials rose steadily until mid-afternoon Thursday, before profit taking set in. The stock closed up by 1.44 at $35.02. Applied Materials is now down 3.07 on 742K shares after the bell.
For comments and feedback contact: editorial@rttnews.com
Business News