The Motley Fool Earnings
Applied Materials Trades More Than 25% Below Its High With Revenue at a Record
Applied Materials (NASDAQ: AMAT) came into Thursday's fiscal third-quarter report about 28% beneath its 52-week high of $739.67, closing the session at $534.54. The chip-equipment maker then posted records on nearly every line. Revenue came in at $9.1 billion, up 25% year over year. Non-GAAP (adjusted) earnings per share rose 41% to a record $3.50. Operating income and …