Applied Materials shares sink 10% on light forecast amid macroeconomic uncertainties
Applied Materials shares sank more than 10% in extended trading Thursday as the semiconductor equipment company provided outlook for the current quarter that came in light. Here's how Applied Materials did in its third-quarter earnings results versus LSEG consensus estimates: EPS : $2.48, adjusted, versus $2.36 estimated. : $2.48, adjusted, versus $2.36 estimated. Revenue: $7.3 billion vs $7.22 billion estimated. Applied Materials said it expects $2.11 per share in adjusted earnings in the c