Applied Materials Beats Estimates, Shares Rise (AMAT)

Applied Materials Inc. AMAT reports Q2 EPS of $0.29 versus estimates of $0.25. Applied Materials Inc. reports revenues of $2.52 billion versus estimates of $2.38 billion. Applied Materials Inc. sees Q4 sales unchanged to up 5% versus Q3. It sees EPS at 28-32 cents per share.