earnings
confidence high
sentiment neutral
materiality 0.70
Applied Materials Q3 revenue record $6.52B, EPS $1.85; supply chain constraints persist
APPLIED MATERIALS INC /DE
2022-Q3 EPS reported
$5.59
revenue$19,036,000,000
- Revenue $6.52B (+5% YoY); GAAP EPS $1.85 (-1% YoY); non-GAAP EPS $1.94 (+2% YoY).
- GAAP gross margin 46.1%, down 1.8 pts YoY; operating margin 29.5%, down 3.0 pts YoY.
- Cash from operations $1.47B; returned $1.23B to shareholders ($1.0B buybacks, $225M dividends).
- Management cites ongoing supply chain challenges limiting ability to meet demand.
- CEO expresses confidence in long-term semiconductor market and Applied's growth opportunities.