Applied Materials beats Q3 estimates, guides above forecasts
Applied Materials reported third-quarter fiscal 2026 revenue of $9.12 billion and adjusted earnings of $3.50 per share, both above analyst estimates, and issued fourth-quarter guidance above forecasts.
Applied Materials Inc (NASDAQ: AMAT ) posted financial results for the third quarter of fiscal 2026 after the closing bell on Thursday. Here’s a look at the key details from the print. Applied Materials stock is trading in a range. What’s the outlook for AMAT shares?
99 billion, according to Pro. 40 per share. Total revenue was up 25% year-over-year. 4% on an adjusted basis.
04 billion in cash from operations and distributed $860 million to shareholders via share repurchases and dividends. 04 billion in cash and cash equivalents. “Applied Materials delivered another record-breaking quarter, including the highest sequential revenue growth in the company’s history,” said Gary Dickerson, president and CEO of Applied Materials. 54 billion.
69 per share. Applied Materials said it expects another “strong growth year” in 2027, citing increased demand visibility from customers. m. ET.
A link to the call has been provided below. 78 at the time of publication on Thursday, according to Pro. The stock is up close to 100% year-to-date, which may explain some of the weakness in extended trading. com