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    Applied Materials Jumps On First-Quarter Earnings Beat /Link

    Chip-gear maker Applied Materials late Wednesday reported adjusted earnings per share of $1.06 on sales of $4.2 billion for its fiscal first quarter.


    Chip-gear maker Applied Materials (AMAT) late Wednesday reported adjusted earnings per share of $1.06 on sales of $4.2 billion for its fiscal first quarter, compared with 67 cents and $3.28 billion in the year-earlier period. Analysts expected 97 cents and $4.1 billion for the quarter ended Jan. 29, according to Zacks Investment Research.

    Applied Materials shares popped 1% in after-hours trading on the stock market today. During the regular session, Applied Materials rose 4.9% to 51.96.

    Details to follow.

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    (@)PATRICK SEITZ

    Published on 14 Feb 2018 at 09:07PM

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