Applied Materials (AMAT) Tops Q3 EPS by 16c, Guidance Beats

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/7/2026

1. MRVL
2. USO
3. SPY
4. OPCH
5. BBIO
6. NVDA
7. GOOGL
8. CHRW
9. AMD
10. STZ

Go back to Applied Materials (AMAT) Tops Q3 EPS by 16c, Guidance Beats

Applied Materials Announces Third Quarter 2022 Results

August 18, 2022 4:02 PM EDT

Record quarterly revenue of $6.52 billion, up 5 percent year over yearGAAP EPS of $1.85 and non-GAAP EPS of $1.94, down 1 percent and up 2 percent year over year, respectivelyGenerated $1.47 billion in cash from operations and returned $1.23 billion to shareholders

SANTA CLARA, Calif., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its third quarter ended Jul. 31, 2022.

Third Quarter Results

Applied generated revenue of $6.52 billion. On a GAAP basis, the company achieved gross margin of 46.1 percent, operating income of $1.92... More