Applied Materials (AMAT) Tops Q1 EPS by 5c, Q2 Guidance Beats Consensus

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Go back to Applied Materials (AMAT) Tops Q1 EPS by 5c, Q2 Guidance Beats Consensus

Applied Materials Announces First Quarter 2020 Results

February 12, 2020 4:02 PM EST

Quarterly revenue of $4.16 billion, up 11 percent year over year
GAAP EPS of $0.96 and non-GAAP EPS of $0.98, up 20 percent and 21 percent year over year, respectively Returned $392 million to shareholders

SANTA CLARA, Calif., Feb. 12, 2020 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its first quarter ended Jan. 26, 2020.

First Quarter Results

Applied generated revenue of $4.16 billion. On a GAAP basis, the company recorded gross margin of 44.6 percent, operating income of $1.04 billion or 25.0 percent of net sales, and... More