Applied Materials shares are trading higher after the company reported better-than-expected Q3 financial results and issued Q4 EPS and revenue guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Applied Materials reported better-than-expected Q3 financial results and issued Q4 EPS and revenue guidance above estimates, leading to a rise in its share price.
August 18, 2023 | 5:05 pm
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Applied Materials' shares are trading higher after the company reported strong Q3 results and issued positive Q4 guidance.
Applied Materials' better-than-expected Q3 results and positive Q4 guidance have led to an increase in its share price. This indicates strong financial performance and positive investor sentiment, which could drive the stock price up in the short term.
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