Applied materials stocks rose on earnings. Optimistic management.

Application materials

revenue forecast was higher than expected for the first quarter, sending the stock higher in after-hours trading.

The chip equipment maker reported adjusted earnings of $2.03 a share for the October quarter, compared with a consensus estimate of $1.73 among tracked Wall Street analysts. by


Revenue came in at $6.75 billion, beating analysts’ expectations of $6.45 billion.


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