Applied materials seems to be _老虎社区_美港股上老虎

2021-05-21

Applied materials seems to be going strong during The current pendemic. Semiconductors indeed is having an shortage of supplies due to higher demand in automotive and certain healthcare products

Applied Materials reports record sales as chip shortage boosts equipment business

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Semiconductors indeed is having an shortage of supplies due to higher demand in automotive and certain healthcare products&nbsp;</p></body></html>","text":"Applied materials seems to be going strong during The current pendemic. Semiconductors indeed is having an shortage of supplies due to higher demand in automotive and certain healthcare products","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/130271312","repostId":2137757969,"repostType":4,"repost":{"id":"2137757969","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621542120,"share":"https://www.laohu8.com/m/news/2137757969?lang=&edition=full","pubTime":"2021-05-21 04:22","market":"us","language":"en","title":"Applied Materials reports record sales as chip shortage boosts equipment business","url":"https://stock-news.laohu8.com/highlight/detail?id=2137757969","media":"Tiger Newspress","summary":"Stock gains in late trading after semiconductor-equipment supplier easily beats earnings expectation","content":"<p>Stock gains in late trading after semiconductor-equipment supplier easily beats earnings expectations, showing continuing positive effects from need for chips</p>\n<p>Applied Materials Inc. continued to benefit from the shortage in semiconductors at the start of 2021, as quarterly revenue hit a record high and shares moved higher in late trading Thursday.</p>\n<p>Applied Materials <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a> reported fiscal second-quarter net income of $1.33 billion, or $1.43 a share, compared with $755 million, or 82 cents a share, in the year-ago period. Adjusted earnings, which excluded a $154 million termination fee that Applied Materials paid to a former acquisition target and other items, were $1.63 a share, compared with 89 cents a share in the year-ago period.</p>\n<p>Revenue jumped to $5.58 billion from $3.96 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast $1.51 a share on revenue of $5.41 billion.</p>\n<p>Applied Materials makes equipment to manufacture semiconductors, which have been in short supply recently as demand for electronics, cars and other products that rely on chips has spiked amid the COVID-19 pandemic. In a statement, Chief Executive Gary Dickerson noted \"broad-based strength\" for the company amid the shortage.</p>\n<p>\"Applied Materials' record performance is underpinned by broad-based strength across our semiconductor businesses,\" Dickerson said in the announcement. \"We are confident in our ability to outperform our markets as large, secular trends create sustainable demand for semiconductors and our leadership in materials engineering becomes increasingly critical to deliver new chip technologies.\"</p>\n<p>For the third quarter, Applied Materials execs guided for more growth, forecasting adjusted earnings of $1.70 to $1.82 a share on sales of $5.72 billion to $6.12 billion. Analysts on average had been expecting adjusted earnings of $1.56 a share on revenue of $5.53 billion, according to FactSet.</p>\n<p>Shares&nbsp;once increased more than 1% after hours, following a 4.4% gain in the regular session to close at $130.31. 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Adjusted earnings, which excluded a $154 million termination fee that Applied Materials paid to a former acquisition target and other items, were $1.63 a share, compared with 89 cents a share in the year-ago period.</p>\n<p>Revenue jumped to $5.58 billion from $3.96 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast $1.51 a share on revenue of $5.41 billion.</p>\n<p>Applied Materials makes equipment to manufacture semiconductors, which have been in short supply recently as demand for electronics, cars and other products that rely on chips has spiked amid the COVID-19 pandemic. In a statement, Chief Executive Gary Dickerson noted \"broad-based strength\" for the company amid the shortage.</p>\n<p>\"Applied Materials' record performance is underpinned by broad-based strength across our semiconductor businesses,\" Dickerson said in the announcement. \"We are confident in our ability to outperform our markets as large, secular trends create sustainable demand for semiconductors and our leadership in materials engineering becomes increasingly critical to deliver new chip technologies.\"</p>\n<p>For the third quarter, Applied Materials execs guided for more growth, forecasting adjusted earnings of $1.70 to $1.82 a share on sales of $5.72 billion to $6.12 billion. Analysts on average had been expecting adjusted earnings of $1.56 a share on revenue of $5.53 billion, according to FactSet.</p>\n<p>Shares&nbsp;once increased more than 1% after hours, following a 4.4% gain in the regular session to close at $130.31. The stock has increased more than 129% in the past 12 months, as the S&amp;P 500 index has gained 38.5%.</p>\n<p><img src=\"https://static.tigerbbs.com/d83ffb4ba5dadc53cf76ba2f51b7e382\" tg-width=\"1282\" tg-height=\"612\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMAT":"应用材料"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137757969","content_text":"Stock gains in late trading after semiconductor-equipment supplier easily beats earnings expectations, showing continuing positive effects from need for chips\nApplied Materials Inc. continued to benefit from the shortage in semiconductors at the start of 2021, as quarterly revenue hit a record high and shares moved higher in late trading Thursday.\nApplied Materials $(AMAT)$ reported fiscal second-quarter net income of $1.33 billion, or $1.43 a share, compared with $755 million, or 82 cents a share, in the year-ago period. Adjusted earnings, which excluded a $154 million termination fee that Applied Materials paid to a former acquisition target and other items, were $1.63 a share, compared with 89 cents a share in the year-ago period.\nRevenue jumped to $5.58 billion from $3.96 billion in the year-ago quarter. Analysts surveyed by FactSet had forecast $1.51 a share on revenue of $5.41 billion.\nApplied Materials makes equipment to manufacture semiconductors, which have been in short supply recently as demand for electronics, cars and other products that rely on chips has spiked amid the COVID-19 pandemic. In a statement, Chief Executive Gary Dickerson noted \"broad-based strength\" for the company amid the shortage.\n\"Applied Materials' record performance is underpinned by broad-based strength across our semiconductor businesses,\" Dickerson said in the announcement. \"We are confident in our ability to outperform our markets as large, secular trends create sustainable demand for semiconductors and our leadership in materials engineering becomes increasingly critical to deliver new chip technologies.\"\nFor the third quarter, Applied Materials execs guided for more growth, forecasting adjusted earnings of $1.70 to $1.82 a share on sales of $5.72 billion to $6.12 billion. Analysts on average had been expecting adjusted earnings of $1.56 a share on revenue of $5.53 billion, according to FactSet.\nShares once increased more than 1% after hours, following a 4.4% gain in the regular session to close at $130.31. 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