CORRECTION: Applied Mat Q4 Adj. EPS $4.16 Beats $4.05 Estimate, Sales $10.410B Beat $10.299B Estimate

Applied Mat (NASDAQ:AMAT) reported quarterly earnings of $4.16 per share which beat the analyst consensus estimate of $4.05 by 2.72 percent. This is a 91.71 percent increase over earnings of $2.17 per share from the same period last year. The company reported quarterly sales of $10.410 billion which beat the analyst consensus estimate of $10.299 billion by 1.08 percent. This is a 53.09 percent increase over sales of $6.800 billion the same period last year.