Applied Materials (AMAT) Tops Q2 EPS by 8c; Guides In-Line

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Go back to Applied Materials (AMAT) Tops Q2 EPS by 8c; Guides In-Line

Applied Materials Delivers Strong Year-On-Year Growth in Quarterly Revenue and Earnings Per Share

May 17, 2018 4:01 PM EDT

Record quarterly revenue of $4.57 billion, up 29 percent year over yearRecord EPS of $1.09 and non-GAAP EPS of $1.22, up 43 percent and 54 percent year over year, respectively$2.6 billion returned to shareholders including buybacks equivalent to 4 percent of shares outstanding

SANTA CLARA, Calif., May 17, 2018 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported record revenue, operating profit and earnings per share in its second quarter ended April 29, 2018.

Second Quarter Results

Compared to the second quarter of fiscal 2017, Applied grew net sales... More