Flexible Electronics News

Applied Materials Reports 1Q 2021 Results

The company reports record quarterly revenue of $5.16 billion, up 24% year over year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Applied Materials, Inc. reported results for its first quarter ended Jan. 31, 2021, as its semiconductor business continues to drive growth.   The company’s numbers continue to spark optimism. Applied generated revenue of $5.16 billion. On a GAAP basis, the company recorded a gross margin of 45.5%, operating income of $1.28 billion or 24.9% of net sales, and earnings per share (EPS) of $1.22.   As a result, the company generated $1.42 billion in cash from operations and paid dividends of...

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