Applied Materials Inc. (AMAT) Is Up Sharply After Q1 Profit Beat

Applied Materials Inc. (AMAT) reported first quarter EPS of $0.26 after the bell Thursday, compared to $0.27 a year ago. Analysts expected EPS of $0.25. The company expects to report second quarter EPS of $0.30 to $0.34. The consensus estimate is for EPS of $0.26.

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