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Market Impact: 0.4
Prediction: Applied Materials Books Its First $10 Billion Quarter This Fall
Source: Nasdaq
Corporate Guidance & OutlookCompany FundamentalsTechnology & Innovation
Applied Materials expects fiscal fourth-quarter revenue of $10.25 billion, plus or minus $500 million, implying approximately 51% year-over-year growth at the midpoint. The outlook signals strong demand and is likely supportive for the company and the semiconductor-equipment sector.
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