Applied Materials, Inc. (AMAT), a semiconductor equipment manufacturer, reported an 8 percent year-over-year increase in net revenue to $7.3 billion for the third quarter ended July 27, 2025, compared with $6.78 billion in the same period last year. Net income rose 4 percent to $1.78 billion from $1.71 billion a year ago. Earnings per share increased to $2.22 from $2.05. On an adjusted basis, net income climbed 13 percent to $1.99 billion, while adjusted EPS grew 17 percent to $2.48.
AMAT closed Thursday's trading at $188.24 down $1.76 or 0.93 percent on the Nasdaq.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.