Applied Materials forecasts quarterly revenue below estimates, shares fall-March 2024-www.financetom.com

Applied Materials forecasts quarterly revenue below estimates, shares fall

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Applied Materials forecasts quarterly revenue below estimates, shares fall

Aug 14, 2025 1:41 PM

Aug 14 (Reuters) - Applied Materials ( AMAT ) forecast

quarterly revenue below estimates on Thursday, citing uneven

demand from clients amid economic uncertainty and high China

inventory, sending its shares down more than 11% in extended

trading.

The company expects fourth-quarter revenue of $6.70

billion, plus or minus $500 million, compared with analysts'

average estimate of $7.33 billion, according to data compiled by

LSEG.

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