secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED MATERIALS INC /DE (AMAT)
CIK:        0000006951
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0000006951-24-000037
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Materials Q4 revenue record $7.05B (+5% YoY); GAAP EPS $2.09 (-12%), non-GAAP EPS $2.32 (+9%)
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- Full-year revenue record $27.18B, up 2% YoY; GAAP EPS $8.61 (+6%), non-GAAP EPS $8.65 (+7%).
- Q4 GAAP gross margin 47.3%, operating margin 29.0%; GAAP net income $1.73B, down 14% YoY.
- Q4 cash from ops $2.58B; returned $1.77B to shareholders via $1.44B buybacks and $329M dividends.
- CEO cites AI and energy-efficient computing as key drivers for materials engineering leadership.
- Full-year cash from ops $8.68B; returned $5.01B to shareholders including $3.82B buybacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6951/000000695124000037/0000006951-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6951/000000695124000037/amat-20241114.htm
  HTML page:      https://secwatch.observer/filing/0000006951-24-000037

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