earnings
confidence high
sentiment positive
materiality 0.75
Applied Materials reports record Q3 revenue of $6.78B, GAAP EPS $2.05, up 11% YoY
APPLIED MATERIALS INC /DE
2024-Q3 EPS reported
$6.52
revenue$20,131,000,000
- Revenue $6.78B, up 5% YoY; GAAP EPS $2.05 (+11%), non-GAAP EPS $2.12 (+12%).
- GAAP operating margin 28.7% (+0.7 pts); non-GAAP operating margin 28.8% (+0.5 pts).
- Generated $2.39B cash from ops; distributed $1.19B to shareholders ($861M buybacks, $331M dividends).
- CEO cites AI leadership fueling demand, positioning company to outperform markets long term.