Applied Materials, Inc. reported results for its first quarter ended Jan. 29, 2023. Applied generated revenue of $6.74 billion. On a GAAP basis, the company achieved gross margin of 46.7%, operating income of $1.97 billion or 29.2% of net sales, and record earnings per share (EPS) of $2.02. On a non-GAAP adjusted basis, the company reported gross margin of 46.8%, operating income of $1.99 billion or 29.5% of net sales, and EPS of $2.03. The company generated $2.27 billion in cash from oper...