Applied Materials Shares Rise As Fiscal Q1 Revenue Eps Top Expectations
The report sent Applied shares up 2% in late trading. CEO Gary Dickerson remarked, “While the supply environment remains challenging, Applied Materials is doing everything we can to deliver for our customers and we recorded our highest-ever quarterly revenues.” Added Dickerson, “Our outlook for 2022 and beyond is very positive as long-term secular trends drive our markets structurally higher and Applied’s broad technology portfolio puts us in a great position to capture a larger portion of our served markets....