Applied Materials (AMAT) reported Q4 FY 2021 earnings of $1.94 per share (versus $1.25 per share in Q4 FY 2020), missing analysts’ consensus estimate of $1.96 per share.
The company’s quarterly revenues amounted to $6.120 bln (+30.5% y/y), missing analysts’ consensus estimate of $6.344 bln.
Applied Materials also issued downside guidance for Q1 FY 2022, seeing EPS of $1.78-$1.92 versus analysts’ consensus estimate of $1.98 and revenues of $6.16 bln, +/-$250 mln, equating to $5.91-$6.41 bln versus analysts’ consensus estimate of $6.45 bln.
AMAT fell to $149.64 (-5.73%) in pre-market trading.
