SANTA CLARA (dpa-AFX) - 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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