Financial Performance - Quarterly revenue reached $7.05 billion, representing a 5% increase year over year[1] - Quarterly GAAP EPS was $2.09, down 12% year over year, while non-GAAP EPS was $2.32, up 9% year over year[2] - Annual revenue for fiscal 2024 was $27.18 billion, a 2% increase year over year[1] - Annual GAAP EPS was $8.61, up 6% year over year, and non-GAAP EPS was $8.65, up 7% year over year[4] - Net income for Q4 FY2024 was $1,731 million, a decrease from $2,004 million in Q4 FY2023, while total net income for FY2024 reached $7,177 million compared to $6,856 million in FY2023[22] - The company reported diluted earnings per share of $2.09 for the three months ended October 27, 2024, down from $2.38 in the same period last year, a decrease of 12.2%[20] - Non-GAAP net income for Q4 FY2024 was $1,917 million, compared to $1,786 million in Q4 FY2023, with total non-GAAP net income for FY2024 reaching $7,210 million[24] Cash Flow and Operations - The company generated $2.58 billion in cash from operations in Q4 and $8.68 billion for the full year[3][5] - Total cash provided by operating activities for Q4 FY2024 was $2,575 million, significantly higher than $1,555 million in Q4 FY2023, contributing to a total of $8,677 million for FY2024[22] - Non-GAAP free cash flow for the three months ended October 27, 2024, was $2,168 million, up from $1,246 million in the same period last year[28] - Cash provided by operating activities for the three months ended October 27, 2024, was $2,575 million, compared to $1,555 million in the prior year[28] Shareholder Returns - Shareholder distributions totaled $1.77 billion in Q4, including $1.44 billion in share repurchases and $329 million in dividends[3] Segment Performance - In Q4, the Semiconductor Systems segment generated $5.18 billion in revenue, accounting for 73% of total revenue[12] - Non-GAAP operating income for Semiconductor Systems was $1,834 million for the three months ended October 27, 2024, compared to $1,751 million for the same period last year[26] - Non-GAAP operating margin for Semiconductor Systems was 35.4% for the three months ended October 27, 2024, slightly down from 35.9% year-over-year[26] Market Outlook - For Q1 FY2025, the company expects net revenue to be approximately $7.15 billion, plus or minus $400 million[9] - Non-GAAP diluted EPS for Q1 FY2025 is expected to be approximately $2.29, plus or minus $0.18[9] - The company is focused on expanding its market share and developing new markets, with ongoing investments in new products and technologies[19] Assets and Liabilities - Total assets increased to $34,409 million as of October 27, 2024, compared to $30,729 million a year earlier, representing a growth of 12.0%[21] - Cash and cash equivalents rose to $8,022 million, up from $6,132 million, marking a significant increase of 30.8%[21] - Total liabilities increased to $15,408 million from $14,380 million, reflecting a rise of 7.1%[21] - The company’s total stockholders' equity increased to $19,001 million, up from $16,349 million, indicating a growth of 10.1%[21] Expenses - Research, development, and engineering expenses increased to $3,233 million for the twelve months ended October 27, 2024, up from $3,102 million, indicating a growth of 4.2%[20] - Capital expenditures for the three months ended October 27, 2024, were $407 million, up from $309 million year-over-year[28] - The company reported capital expenditures of $407 million in Q4 FY2024, an increase from $309 million in Q4 FY2023, with total capital expenditures for FY2024 amounting to $1,190 million[22] Taxation - GAAP effective income tax rate for the three months ended October 27, 2024, was 8.7%[27] - Non-GAAP effective income tax rate for the same period was 11.0%[27]

Quarterly revenue $7.05 billion, up 5 percent year over yearQuarterly GAAP EPS $2.09 and non-GAAP EPS $2.32, down 12 percent and up 9 percent year over year, respectivelyAnnual revenue $27.18 billion, up 2 percent year over yearAnnual GAAP EPS $8.61 and non-GAAP EPS $8.65, up 6 percent and 7 percent year over year, respectively SANTA CLARA, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its fourth quarter and fiscal year ended Oct. 27, 2024. Fourt ...

Wall Street expects Applied Materials Inc AMAT to report $2.19 in earnings per share and $6.95 billion in revenues when the company posts fourth-quarter earnings after market hours.The stock is up 20.48% over the past year and 20.25% year-to-date.Let’s look at what the charts indicate for Applied Materials stock and how the stock currently maps against Wall Street estimates.Read Also: Applied Materials Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings CallApplied Materia ...

Applied Materials, Inc. AMAT will release earnings results for its fourth quarter, after the closing bell on Thursday, Nov. 14.Analysts expect the Santa Clara, California-based bank to report quarterly earnings at $2.19 per share, up from $2.12 per share in the year-ago period. Applied Materials projects to report revenue of $6.97 billion for the recent quarter, compared to $6.72 billion a year earlier, according to data from Benzinga Pro.On Sept. 12, Applied Materials' board approved a quarterly cash divid ...

Key TakeawaysApplied Materials will report earnings after the closing bell on Thursday.A majority of analysts covering the stock tracked by Visible Alpha hold a "buy" or equivalent rating.The company posted record-high sales in the previous quarter, fueled by booming demand for artificial intelligence. Applied Materials (AMAT) is slated to report fiscal fourth-quarter earnings after the market closes on Thursday, with analysts leaning bullish ahead of the results. Of the 15 analysts covering the stock track ...

Applied Materials (AMAT) is scheduled to report fourth-quarter fiscal 2024 results on Nov. 14.For the fiscal fourth quarter, AMAT expects net sales of $6.93 billion (+/-$400 million). The Zacks Consensus Estimate for revenues is pegged at $6.94 billion, suggesting a rise of 3.2% from the year-ago quarter’s reading.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Applied Materials projects non-GAAP earnings in the range of $2.00-$2.36 per share. The Zacks Consensus Estimate for earnin ...

In its upcoming report, Applied Materials (AMAT) is predicted by Wall Street analysts to post quarterly earnings of $2.18 per share, reflecting an increase of 2.8% compared to the same period last year. Revenues are forecasted to be $6.94 billion, representing a year-over-year increase of 3.2%.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this time ...

American semiconductor WFE (wafer fabrication equipment) supplier Applied Materials, Inc. (NASDAQ: AMAT ) is set to close out its fiscal 2024 this week as it reports its last quarterly earnings results of its financial yearUttam is a growth-oriented investment analyst whose equity research primarily focuses on the technology sector. Semiconductors, Artificial Intelligence and Cloud software are some of the key sectors that are regularly researched and published by him. His research also focuses on other are ...

The company got hit due to a bookings slowdown at another company in its sector.Shares of Applied Materials (AMAT -0.85%) fell 10.1% in October, according to data from S&P Global Market Intelligence. The equipment maker for the semiconductor industry sank after its industry peer ASML Holding (ASML -0.53%) reported weak bookings last quarter. Applied Materials is also being investigated for unsanctioned sales to China. Applied Materials stock is up 30% in the last year after the company saw booming demand du ...

SANTA CLARA, Calif., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its fourth quarter and fiscal 2024 financial results on Thursday, Nov. 14, 2024, at 4:30 p.m. ET / 1:30 p.m. PT. The live webcast will be accessible via the Applied Materials website at: https://ir.appliedmaterials.com. A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT. About Applied MaterialsApplied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineer ...