Utilized Supplies Earnings, Income Beat in Q2 By Investing.com

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© Reuters.

Investing.com – Applied Materials (NASDAQ:) reported second quarter that beat analysts’ expectations on Thursday and revenue that topped forecasts.

The firm reported earnings per share of $0.7 on revenue of $3.54B. Analysts polled by Investing.com forecast EPS of $0.67 on revenue of $3.5B. That compared to EPS of $1.22 on revenue of $4.57B in the same period a year earlier. The company had reported EPS of $0.81 on revenue of $3.75B in the previous quarter.

Applied Materials follows other major Technology sector earnings this month

On April 24, Microsoft reported third quarter EPS of $1.14 on revenue of $30.57B, compared to forecasts of EPS of $1 on revenue of $29.88B.

Apple earnings beat analysts’ expectations on April 30, with second quarter EPS of $2.46 on revenue of $58.02B. Investing.com analysts expected EPS of $2.36 on revenue of $57.54B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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