secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED MATERIALS INC /DE (AMAT)
CIK:        0000006951
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0000006951-24-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Materials Q1 FY2024: rev flat $6.71B, GAAP EPS $2.41 (+19%), non-GAAP $2.13 (+5%)
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- Revenue $6.71B flat YoY; GAAP EPS $2.41 (+19%), non-GAAP EPS $2.13 (+5%).
- GAAP operating margin 29.3% (+0.1pp); non-GAAP operating margin 29.5% (flat).
- Cash from operations $2.33B; returned $966M to shareholders via $700M buybacks and $266M dividends.
- CEO cites leadership in AI and IoT inflections driving continued outperformance.
- Change in useful lives of PP&E boosted GAAP and non-GAAP EPS by $0.03.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6951/000000695124000006/0000006951-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6951/000000695124000006/amat-20240215.htm
  HTML page:      https://secwatch.observer/filing/0000006951-24-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer