Flexible Electronics News

Applied Materials Announces 3Q 2021 Results

Record quarterly revenue of $6.20 billion is up 41% year over year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Applied Materials, Inc. reported results for its third quarter ended Aug. 1, 2021. Applied generated revenue of $6.20 billion. On a GAAP basis, the company recorded gross margin of 47.9%, operating income of $2.01 billion or 32.5% of net sales, and earnings per share (EPS) of $1.87. On a non-GAAP adjusted basis, the company reported gross margin of 48.0%, operating income of $2.03 billion or 32.7% of net sales, and EPS of $1.90. The company generated $1.69 billion in cash from operations and ...

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