Applied Materials, Inc. reported results for its fourth quarter and fiscal year ended Oct. 27, 2019. In the fourth quarter of 2019, Applied generated revenue of $3.75 billion. On a GAAP basis, the company recorded gross margin of 43.5%, operating income of $864 million or 23.0% of net sales, and earnings per share (EPS) of $0.75. On a non-GAAP adjusted basis, the company reported gross margin of 43.8%, operating income of $888 million or 23.7% of net sales, and EPS of $0.80. The company return...