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Quarterly revenue was $4.16 billion, up 11% year over year.
February 14, 2020
By: DAVID SAVASTANO
Editor, Ink World Magazine
Applied Materials, Inc. reported results for its first quarter ended Jan. 26, 2020. Applied generated revenue of $4.16 billion. On a GAAP basis, the company recorded gross margin of 44.6%, operating income of $1.04 billion or 25% of net sales, and earnings per share (EPS) of $0.96. On a non-GAAP adjusted basis, the company reported gross margin of 44.9%, operating income of $1.07 billion or 25.7% of net sales, and EPS of $0.98. The company returned $392 million to shareholders, including $200...
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