Applied Materials Fiscal Q4 Earnings Up, Revenue Lower, Issues Q1 Guidance

Applied Materials (AMAT) reported fiscal Q4 adjusted diluted earnings Thursday of $2.12 per share, up from $2.03 a year ago.

Analysts polled by Capital IQ expected $1.99.

Revenue for the quarter ended Oct. 29 was $6.72 billion, down from $6.75 billion a year earlier.

Analysts surveyed by Capital IQ expected $6.5 billion.

The company said it expects fiscal Q1 adjusted diluted earnings of $1.72 to $2.08 per share.

Analysts surveyed by Capital IQ expect $1.83.

The company expects revenue for the quarter of $6.47 billion, plus or minus $400 million.

Analysts polled by Capital IQ expect $6.37 billion.

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