Company News: Applied Materials (AMAT) quarterly results match analysts' estimates

Market news

15 May 2020

Company News: Applied Materials (AMAT) quarterly results match analysts' estimates

Applied Materials (AMAT) reported Q2 FY 2020 earnings of $0.89 per share (versus $0.70 per share in Q2 FY 2019), in line with analysts' consensus estimate.

The company's quarterly revenues amounted to $3.957 bln (+11.8% y/y), roughly in line with analysts' consensus estimate of $3.976 bln.

AMAT rose to $56.35 (+3.53%) in pre-market trading.

Australia: Labour statistics mask more than they reveal – Standard Chartered

USD/JPY: 110 is seen as a short-term ceiling - Danske Bank

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.