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AMAT Earnings: Applied Materials Q4 revenue and profit increase YoY | AlphaStreet

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Utilized Supplies, Inc. (NASDAQ: AMAT) introduced monetary outcomes for the fourth quarter of 2024, reporting a rise in income and adjusted earnings.

Adjusted earnings of the semiconductor know-how firm elevated to $2.32 per share within the October quarter from $2.12 per share in the identical interval of 2023. Internet revenue, together with particular objects, was $1.73 billion or $2.09 per share in This fall, in comparison with $2.0 billion or $2.38 per share final yr.

The underside line benefited from a rise in internet gross sales to $7.05 billion within the fourth quarter from $6.72 billion within the corresponding interval final yr.

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