Applied Materials (AMAT) Stock Dropped 4% on Q4 Miss, Weaker Guidance

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Applied Materials Announces Fourth Quarter and Fiscal Year 2021 Results

November 18, 2021 4:01 PM EST

Record annual revenue of $23.06 billion, up 34 percent year over yearRecord annual GAAP operating margin of 29.9 percent, non-GAAP operating margin of 31.7 percent, GAAP EPS of $6.40 and non-GAAP EPS of $6.84Quarterly revenue of $6.12 billion, up 31 percent year over yearRecord quarterly GAAP operating margin of 32.9 percent, non-GAAP operating margin of 33.1 percent, GAAP EPS of $1.89 and non-GAAP EPS of $1.94

SANTA CLARA, Calif., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today... More