secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED MATERIALS INC /DE (AMAT)
CIK:        0000006951
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0000006951-24-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Materials Q2 FY2024 EPS up 5% (non-GAAP) to $2.09; revenue flat at $6.65B
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- GAAP EPS $2.06, up 11% YoY; net income $1.72B.
- Non-GAAP EPS $2.09, up 5% YoY; non-GAAP operating margin 29.0%.
- Revenue $6.65B, flat YoY; GAAP gross margin improved 0.7 pts to 47.4%.
- Cash from operations $1.39B; returned $1.09B via $820M buybacks, $266M dividends.
- Management cited strong performance from enabling portfolio for AI, IoT, EVs, clean energy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6951/000000695124000017/0000006951-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6951/000000695124000017/amat-20240516.htm
  HTML page:      https://secwatch.observer/filing/0000006951-24-000017

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