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Barchart
Barchart
Aditya Sarawgi

INSANE: Applied materials quarterly earnings preview what you need to know - The Real Truth

Applied Materials AMAT

Santa Clara, California-based Applied Materials, Inc. (AMAT) is a provider of manufacturing equipment, services, and software to the semiconductor, display, and related industries. With a market cap of $150.1 billion, Applied Materials operates through Semiconductor Systems, Applied Global Services, and Display and Adjacent Markets segments.

The tech giant is expected to announce its third-quarter results on Thursday, Aug. 21. Ahead of the event, analysts expect AMAT to report a profit of $2.34 per share, up 10.4% from $2.12 per share reported in the year-ago quarter. Furthermore, the company has surpassed the Street’s bottom-line projections in each of the past four quarters.

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