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Applied Materials Reports 2Q 2021 Results

Record quarterly revenue of $5.58 billion is up 41% year over year.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Applied Materials, Inc. reported record quarterly revenue numbers in the second quarter of 2021, posting quarterly revenue of $5.58 billion, which is up 41% year over year. On a GAAP basis, the company recorded gross margin of 47.5%, operating income of $1.58 billion or 28.3% of net sales, and earnings per share (EPS) of $1.43. On a non-GAAP adjusted basis, the company reported gross margin of 47.7%, operating income of $1.77 billion or 31.7% of net sales, and EPS of $1.63. The company generate...

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