earnings
confidence medium
sentiment positive
materiality 0.75
Applied Materials Q2 FY2023 revenue $6.63B (+6% YoY), EPS $1.86/$2.00 GAAP/non-GAAP
APPLIED MATERIALS INC /DE
2023-Q2 EPS reported
$3.88
revenue$13,369,000,000
- Revenue $6.63B (+6% YoY); GAAP EPS $1.86 (+7%), non-GAAP EPS $2.00 (+8%).
- GAAP operating margin 28.8%, down 1.5 pts YoY; non-GAAP operating margin 29.1%.
- Generated $2.29B cash from operations; returned $1.02B to shareholders ($800M buybacks, $219M dividends).
- CEO says results at high-end of guidance; expects Applied to outperform markets in 2023.