imagine you have a toy store. last month, you sold a lot of toys, so you made more money. this month, you sold even more toys and made more money. people are happy buying toys from you. but sometimes, you don't sell as many toys, and you made less money. but you still have a lot of toys to sell, and you hope to sell more and make more money next month. that's like what happened with applied materials, a big company that makes machines for making other things. they made more money this month than last month because they sold more machines. people are happy buying these machines. but they also want to give more money back to their shareholders, the people who own a part of the company, so they can be happier. Read from source...

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### News:
Applied Materials reported better-than-expected Q3 non-GAAP earnings of $2.12 per share, beating the Zacks Consensus Estimate by 5.5%. The figure also improved 12% from the year-ago quarter. Net revenues of $6.78 billion were up 5% from the year-ago quarter, also surpassing the consensus estimate by 1.6%. Strong momentum in the Display and Adjacent Markets and Applied Global Services segments and enhanced performance in the Semiconductor Systems segment contributed to the results. Weak momentum in Taiwan and Europe, however, impacted results negatively.

bullish

In the article, Applied Materials, Inc. (AMAT) reported third-quarter fiscal 2024 non-GAAP earnings of $2.12 per share, surpassing the Zacks Consensus Estimate by 5.5%. Moreover, the figure improved 12% from the year-ago quarter. Net revenues of $6.78 billion were up 5% from the year-ago quarter and also surpassed the consensus estimate by 1.6%. Shares of Applied Materials have gained 31.2% over a year, outperforming the industry's 17.4% growth. The article also highlights the company's segments' performance, balance sheet & cash flow, and guidance.

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