04:20 PM EDT, 05/16/2024 (MT Newswires) -- Applied Materials ( AMAT ) reported fiscal Q2 non-GAAP earnings Thursday of $2.09 per diluted share, up from $2.00 a year earlier.

Analysts polled by Capital IQ expected $1.99.

Revenue in the quarter ended April 28 rose to $6.65 billion from $6.63 billion a year earlier. Analysts surveyed by Capital IQ expected $6.54 billion.

In Q3, the company said it expects non-GAAP diluted EPS of $1.83 to $2.19 on revenue of $6.65 billion, plus or minus $400 million. Analysts in a Capital IQ poll expect EPS of $1.97 on revenue of $6.58 billion.

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