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Benzinga
Benzinga
Business
Priya Nigam

Applied Materials Analysts Flag $600 Million Guidance Shortfall, China Slowdown

Santa,Clara,,California,-,April,26,,2018:,Applied,Materials,Offices

What happens when a tech giant’s impressive earnings report can’t shield it from a market nosedive? As  Applied Materials Inc. (NASDAQ:AMAT) experiences a surprising slump, analysts weigh in on the forces at play behind the scenes. Shares of Applied Materials declined in early trading on Friday, despite the company’s upbeat fiscal third-quarter results reported on Thursday.

The announcement came amid an exciting earnings season. Here are some key analyst takeaways.

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