After-Hours Movers: AMAT, DLO, GLOB, YSS, ETON
Applied Materials (AMAT) shares experienced a sell-the-news reaction, dipping 4% despite delivering a solid fiscal Q3 beat-and-raise, with record revenue of $9.12 billion and EPS of $3.50. The semiconductor equipment leader issued upbeat Q4 revenue guidance of $9.75–$10.75 billion, above the $9.54 billion Wall Street consensus. However, the high expectations following a recent sector rally prompted short-term profit-taking.
DLocal (DLO) shares fell 3.5% after narrowly missing second-quarter earnings expectations with an EPS of $0.18 versus the $0.19 consensus. Although the cross-border payment platform reported top-line upside with $399.7 million in revenue, beating the $364.65 million forecast, persistent foreign exchange headwinds and transaction margin compression in emerging markets continue to weigh on investor sentiment.
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