Applied Materials (AMAT) PT Raised to $170 at Susquehanna

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Applied Materials Announces Second Quarter 2021 Results

May 20, 2021 4:01 PM EDT

Record quarterly revenue of $5.58 billion, up 41 percent year over yearQuarterly GAAP operating margin of 28.3 percent and non-GAAP operating margin of 31.7 percent, up 4.7 points and 7.0 points year over year, respectivelyQuarterly GAAP EPS of $1.43 and record non-GAAP EPS of $1.63, up 74 percent and 83 percent year over year, respectively

SANTA CLARA, Calif., May 20, 2021 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its second quarter ended May 2, 2021.

Second Quarter Results

Applied generated revenue of $5.58 billion. On a GAAP basis, the... More