Applied Materials (AMAT) Tops Q3 EPS by 11c, Offers Q4 Guidance
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Applied Materials Announces Third Quarter 2020 Results
August 13, 2020 4:02 PM EDTQuarterly revenue of $4.40 billion, up 23 percent year over year
GAAP EPS of $0.91 and non-GAAP EPS of $1.06, up 49 percent and 43 percent year over year, respectively Returned $402 million to shareholders
SANTA CLARA, Calif., Aug. 13, 2020 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its third quarter ended July 26, 2020.
Third Quarter Results
Applied generated revenue of $4.40 billion. On a GAAP basis, the company recorded gross margin of 44.5 percent, operating income of $1.11 billion or 25.2 percent of net sales, and... More
