Applied Materials (AMAT) Misses Q2 EPS by 5c, Guidance Misses

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Go back to Applied Materials (AMAT) Misses Q2 EPS by 5c, Guidance Misses

Applied Materials Announces Second Quarter 2022 Results

May 19, 2022 4:01 PM EDT

Quarterly revenue of $6.25 billion, up 12 percent year over yearGAAP operating margin of 30.3 percent and non-GAAP operating margin of 30.6 percent, up 2.0 points and down 1.1 points year over year, respectivelyGAAP EPS of $1.74 and non-GAAP EPS of $1.85, up 22 percent and 13 percent year over year, respectively

SANTA CLARA, Calif., May 19, 2022 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its second quarter ended May 1, 2022.

Second Quarter Results

Applied generated revenue of $6.25 billion. On a GAAP basis, the company achieved... More