Will Applied Materials' stock recover from its 20% drop in 2022?
1 day ago · Applied Materials' stock is down by over -20% in 2022 thus far, because of gross profit margin pressure and a de-rating of its forward …
Is applied materials (Amat) outpacing the stock market gains?
Apr 17, 2022 · Why Is Applied Materials (AMAT) Down 3.3% Since Last Earnings Report? finance.yahoo.com - March 18 at 5:47 PM: Applied Materials Raises More Than $4M to Help Fight Hunger Around the Globe finance.yahoo.com - March 15 at 7:21 PM: 3 Top Growth Stocks That Are a Fantastic Long-Term Value finance.yahoo.com - March 15 at 1:28 PM
Why did Applied Materials stock rise 3% Thursday?
Applied Materials (AMAT) Outpaces Stock Market Gains: What You Should Know Applied Materials (AMAT) closed at $117.06 in the latest trading session, marking a …
How much did Applied Materials spend on share buybacks in Q2?
Mar 18, 2022 · Zacks. Mar. 18, 2022, 11:31 AM. A month has gone by since the last earnings report for Applied Materials (AMAT). Shares have lost about 3.3% in that time frame, underperforming the S&P 500.Will ...
Is Applied Materials a good stock to buy?
Is Applied Materials a buy or sell?
Is Applied Materials stock overvalued?
Is Applied Materials going to split?
Where is the US-China tech conflict?
When is the bull run in the US?
The U.S.-China Tech Conflict Front Line Goes Through Belgium. (Bloomberg) -- The historic Belgian city of Leuven is known for its centuries-old university and as the headquarters of brewing giant Anheuser-Busch InBev NV.
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Applied Materials Inc
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What is applied materials?
Applied Materials, Inc. provides manufacturing equipment, services and software to the semiconductor, display and related industries. It operates through the following segments: Semiconductor Systems, Applied Global Services, and Display & Adjacent Markets.
Where is Nicholas from the Motley Fool?
Applied Materials is a seller of basic materials, technology, and process services for the semiconductor industry. Therefore, while it doesn't produce its own chips that find their way into the devices we use every day, it does play a crucial support role for the manufacturers that do.
Applied Materials’ Q1 Earnings & Sales Beat
- Applied Materials reported first-quarter fiscal 2022 non-GAAP earnings of $1.89 per share, beating the Zacks Consensus Estimate by 2.2%. The bottom line improved 36% year over year but declined 2.6% on a sequential basis. Net sales of $6.27 billion climbed 21% from the year-ago period’s levels and 2.4% from the previous quarter’s number. The figure...
Segments in Detail
- Applied Global Services reported sales of $1.32 billion (22.4% of net sales), which rose 14% from the prior-year quarter’s level. Strong backlog in subscriptions and growth in multi-year subscription bookings contributed well. Sales from Display and Adjacent Markets were $366 million (6.8% of net sales), down 10.9% from the year-ago level.
Revenues by Geography
- On a year-over-year basis, sales in the United States, Japan, Taiwan, Southeast Asia and China increased 146.9%, 22.5%, 4.1%, 18.4% and 43.7%, respectively. Sales in Europe and Korea fell 6% and 13% from the year-ago quarter’s figures.
Operating Results
- Operating expenses were $983 million, down 7.8% from the year-ago quarter’s level. As a percentage of sales, the figure contracted 500 bps year over year to 15.7%. The non-GAAP operating margin of 31.7% for the reported quarter expanded 270 bps from the prior-year period’s level.
Balance Sheet & Cash Flow
- Inventories were $4.5 billion in first-quarter fiscal 2022 compared with $4.3 billion in fourth-quarter fiscal 2021. Accounts receivables increased to $4.4 billion in the reported quarter from $4.9 billion in the previous quarter. Long-term debt was $5.454 billion at the end of the reported quarter compared with $5.452 billion at the end of the previous quarter. Applied Materials gener…
Guidance
- The company anticipates Semiconductor Systems, AGS and Display revenues to be $4.6 billion, $1.35 billion and $380 million, respectively. Management expects non-GAAP earnings per share of $1.75-$2.05. Applied Materials expects a non-GAAP gross margin of 47%. How Have Estimates Been Moving Since Then? In the past month, investors have witnessed a downward trend in esti…