Applied Materials (AMAT) Tops Q4 EPS by 28c, Guidance Beats

Applied Materials (NASDAQ: AMAT) reported Q4 EPS of $2.03, $0.28 better than the analyst estimate of $1.75. Revenue for the quarter came in at $6.75 billion versus the consensus estimate of $6.45 billion.

GUIDANCE:

Applied Materials sees Q1 2023 EPS of $1.75-$2.11, versus the consensus of $1.83. Applied Materials sees Q1 2023 revenue of $6.3-7.1 billion, versus the consensus of $6.45 billion.

• In the first quarter of fiscal 2023, Applied expects net sales to be approximately $6.70 billion, plus or minus $400 million, which includes the expected impact of recently announced U.S. export regulations and ongoing supply chain challenges. Non-GAAP adjusted diluted EPS is expected to be in the range of $1.75 to $2.11.

For earnings history and earnings-related data on Applied Materials (AMAT) click here.

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