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Applied Materials Beats Earnings But Stock Plummets 12%

8/15/2025

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Summary

Story summary

Applied Materials (AMAT) reported Q3 earnings of $2.48 per share, surpassing expectations with $7.3 billion in sales.
The company projected a Q4 earnings forecast of $2.11 per share and $6.7 billion in revenue.
Stock dropped over 12% in after-hours trading due to market uncertainties, especially regarding China.

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Story summary

Applied Materials (AMAT) reported Q3 earnings of $2.48 per share, surpassing expectations with $7.3 billion in sales.
The company projected a Q4 earnings forecast of $2.11 per share and $6.7 billion in revenue.
Stock dropped over 12% in after-hours trading due to market uncertainties, especially regarding China.