Flexible Electronics News

Applied Materials Announces 2Q 2019 Results

Reports quarterly revenue of $3.54 billion, operating income of $776 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Applied Materials, Inc. reported results for its second quarter ended April 28, 2019. Applied generated revenue of $3.54 billion. On a GAAP basis, the company recorded gross margin of 43.2%, operating income of $776 million or 21.9% of net sales, and earnings per share (EPS) of $0.70.   On a non-GAAP adjusted basis, the company reported gross margin of 43.5%, operating income of $794 million or 22.4% of net sales, and EPS of $0.70.   The company returned $814 million to shareholders including $6...

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