08.23.21
Applied Materials, Inc. reported results for its third quarter ended Aug. 1, 2021.
Applied generated revenue of $6.20 billion. On a GAAP basis, the company recorded gross margin of 47.9%, operating income of $2.01 billion or 32.5% of net sales, and earnings per share (EPS) of $1.87.
On a non-GAAP adjusted basis, the company reported gross margin of 48.0%, operating income of $2.03 billion or 32.7% of net sales, and EPS of $1.90.
The company generated $1.69 billion in cash from operations and returned $1.72 billion to shareholders including $1.50 billion in share repurchases and $219 million in dividends.
“Applied Materials delivered record performance as long-term trends fueled by the digital transformation of the economy drive strong, secular demand for semiconductors,” said Gary Dickerson, president and CEO. “Applied has the broadest and most enabling portfolio of technologies to accelerate our customers’ roadmaps, putting us in a great position to outperform our markets again in 2021 and the years ahead.”
Applied generated revenue of $6.20 billion. On a GAAP basis, the company recorded gross margin of 47.9%, operating income of $2.01 billion or 32.5% of net sales, and earnings per share (EPS) of $1.87.
On a non-GAAP adjusted basis, the company reported gross margin of 48.0%, operating income of $2.03 billion or 32.7% of net sales, and EPS of $1.90.
The company generated $1.69 billion in cash from operations and returned $1.72 billion to shareholders including $1.50 billion in share repurchases and $219 million in dividends.
“Applied Materials delivered record performance as long-term trends fueled by the digital transformation of the economy drive strong, secular demand for semiconductors,” said Gary Dickerson, president and CEO. “Applied has the broadest and most enabling portfolio of technologies to accelerate our customers’ roadmaps, putting us in a great position to outperform our markets again in 2021 and the years ahead.”