Benzinga | Nov 12, 2020 04:32PM EST

Applied Materials: Q4 Earnings Insights

Shares of Applied Materials (NASDAQ:AMAT) increased 2.77% after the company reported Q4 results.

Quarterly Results

Earnings per share increased 56.25% over the past year to $1.25, which beat the estimate of $1.17.

Revenue of $4,688,000,000 higher by 24.88% year over year, which beat the estimate of $4,600,000,000.

Looking Ahead

Applied Materials hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Nov 12, 2020

Time: 04:30 PM

ET Webcast URL: https://ir.appliedmaterials.com/events/event-details/q4-2020-applied-materials-earnings-conference-call

Recent Stock Performance

52-week high: $75.93

52-week low: $36.64

Price action over last quarter: Up 3.31%

Company Profile

Applied Materials is one of the world's largest suppliers of semiconductor manufacturing equipment, providing materials engineering solutions to help make nearly every chip in the world. The firm's systems are used in nearly every major process step with the exception of lithography. Key tools include those for chemical and physical vapor deposition, etching, chemical mechanical polishing, wafer- and reticle-inspection, critical dimension measurement, and defect-inspection scanning electron microscopes.