Applied Materials (AMAT) Tops Q1 EPS by 2c; Guides Q2 Below Views

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Go back to Applied Materials (AMAT) Tops Q1 EPS by 2c; Guides Q2 Below Views

Applied Materials Announces First Quarter 2019 Results

February 14, 2019 4:01 PM EST

Quarterly revenue of $3.75 billionGAAP EPS of $0.80 and non-GAAP EPS of $0.81Returns $942 million to shareholders

SANTA CLARA, Calif., Feb. 14, 2019 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its first quarter ended Jan. 27, 2019.

First Quarter Results

Applied generated revenue of $3.75 billion. On a GAAP basis, the company recorded gross margin of 44.4 percent, operating income of $908 million or 24.2 percent of net sales, and earnings per share (EPS) of $0.80.

On a non-GAAP adjusted basis, the company reported gross margin of 44.6... More