Applied Materials, Inc. (NASDAQ:AMAT) will release financial results for the fourth quarter after the closing bell on Thursday, Aug. 14.
Analysts expect the Santa Clara, California-based company to report quarterly earnings at $2.36 per share, up from $2.12 per share in the year-ago period. Applied Materials projects to report quarterly revenue at $7.21 billion, compared to $6.78 billion a year earlier, according to data from Benzinga Pro.
On Aug. 7, Applied Materials said it will supply chipmaking equipment to Texas Instruments’ U.S. factories.
Applied Materials shares gained 0.8% to close at $190.03 on Wednesday.
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