05:01 AM EST, 11/14/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.)

Applied Materials ( AMAT ) shares were down 4.9% in recent premarket activity Friday after the technology giant overnight reported a year-over-year decline in quarterly earnings and sales.

The company reported fiscal Q4 adjusted earnings of $2.17 per diluted share late Thursday, down from $2.32 a year earlier.

Analysts polled by FactSet expected $2.11.

Revenue for the three months ended Oct. 26 was $6.80 billion, down from $7.05 billion a year earlier.

Analysts surveyed by FactSet expected $6.68 billion.

The company set fiscal Q1 adjusted EPS guidance of $2.18 on revenue of $6.85 billion. Analysts expected $2.14 and $6.79 billion, respectively.