Flexible Electronics News

Applied Materials Announces 4Q, Fiscal 2020 Results

Record quarterly revenue of $4.69 billion, up 25% year over year.

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By: Anthony Locicero

Copy editor, New York Post

Applied Materials, Inc. reported results for its fourth quarter and fiscal year ended Oct. 25, 2020.   Applied generated revenue of $4.69 billion. On a GAAP basis, the company recorded a gross margin of 45.4%, operating income of $1.28 billion or 27.4% of net sales, and earnings per share (EPS) of $1.23.   On a non-GAAP adjusted basis, the company reported a gross margin of 45.7%, operating income of $1.33 billion or 28.3% of net sales, and EPS of $1.25.   The company generated $1.32...

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