tradingkey.logo

Applied Materials forecasts quarterly revenue below estimates, shares fall

ReutersAug 14, 2025 8:15 PM

- Applied Materials AMAT.O forecast quarterly revenue below estimates on Thursday, citing uneven demand from clients amid economic uncertainty and high China inventory, sending its shares down more than 11% in extended trading.

The company expects fourth-quarter revenue of $6.70 billion, plus or minus $500 million, compared with analysts' average estimate of $7.33 billion, according to data compiled by LSEG.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI