Flexible Electronics News

Applied Materials Delivers Strong Year-on-Year Growth in Quarterly Revenue, EPS

Record quarterly revenue of $4.57 billion, up 29% year over year.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Applied Materials, Inc. reported record revenue, operating profit and earnings per share in its second quarter ended April 29, 2018.   Compared to the second quarter of fiscal 2017, Applied grew net sales by 29% to $4.57 billion. On a GAAP basis, the company increased gross margin by 0.7 points to 45.8%, and grew operating income by 41% to $1.33 billion or 29.1% of net sales. GAAP earnings per share (EPS) grew 43% to $1.09.   On a non-GAAP adjusted basis, over the same period, the company in...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters