Applied Materials (AMAT)

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Maker of machinery employed in semiconductor manufacturing, Applied Materials (NASDAQ:AMAT) beat analysts' expectations in Q1 CY2024, with revenue flat year on year at $6.65 billion. The company also expects next quarter's revenue to be around $6.65 billion, slightly above analysts' estimates. It made a non-GAAP profit of $2.09 per share, improving from its profit of $2.00 per share in the same quarter last year.

Applied Materials (AMAT) Q1 CY2024 Highlights:

Revenue: $6.65 billion vs analyst estimates of $6.54 billion (1.7% beat)

EPS (non-GAAP): $2.09 vs analyst estimates of $1.99 (5.3% beat)

Revenue Guidance for Q2 CY2024 is $6.65 billion at the midpoint, above analyst estimates of $6.58 billion (EPS (non-GAAP) guidance of $2.01 also slightly ahead of expectations of $1.99)

Gross Margin (GAAP): 47.4%, up from 46.7% in the same quarter last year

Inventory Days Outstanding: 148, up from 147 in the previous quarter

Free Cash Flow of $1.14 billion, down 45.8% from the previous quarter

Market Capitalization: $180.7 billion

“Applied Materials continues to deliver strong performance in 2024, with fiscal second quarter revenue and earnings towards the high end of our guided range,” said Gary Dickerson, President and CEO.

Founded in 1967 as the first company to develop tools for other businesses in the semiconductor industry, Applied Materials (NASDAQ:AMAT) is the largest provider of semiconductor wafer fabrication equipment.

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SANTA CLARA, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.40 per share payable on the company’s common stock. The dividend is payable on Dec. 12, 2024 to shareholders of record as of Nov. 21, 2024.

The cash dividend is a key component of Applied’s capital allocation strategy. In March 2024, Applied announced a 25-percent increase in the dividend per share, from $0.32 to $0.40. Applied’s dividend per share has increased in each of the past seven years and grown at a compound annual rate of approximately 15 percent over the past 10 years. In the third quarter of fiscal 2024, Applied distributed $1.19 billion to shareholders through dividends and share repurchases. The company had approximately $10.3 billion remaining in its share repurchase authorization at the end of the period.

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Applied Materials (NASDAQ:AMAT) reported fiscal fourth-quarter results that beat Wall Street estimates, but the memory chip maker's revenue guidance for the current quarter fell short of estimates.

Applied Materials Inc (NASDAQ:AMAT) fell 4% in afterhours trade following the report.

Applied Materials announced adjusted Q4 earnings per share of $2.32 on revenue of $7.05B. Analysts anticipated EPS of $2.19 on revenue of $6.96B.

Looking ahead to Q1, the company forecast adjusted diluted EPS of $2.29, give or take $0.18, on revenue of about $7.15B, plus or minus $400M. That compared with estimates for adjusted EPS of $2.27 on revenue of $7.23B.

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Applied Materials, Inc. kondigt nieuw samenwerkingsmodel aan voor geavanceerde verpakkingen tijdens top over energie-efficiënte computers

Applied Materials, Inc. kondigt plannen aan om haar wereldwijde EPIC innovatieplatform uit te breiden met een nieuw samenwerkingsmodel dat speciaal ontworpen is om de commercialisatie van geavanceerde chipverpakkingstechnologieën te versnellen. Om het initiatief te starten heeft Applied meer dan twee dozijn top R&D leiders uit de halfgeleiderindustrie bijeengeroepen om allianties aan te moedigen tussen apparatuurfabrikanten, materiaalleveranciers, apparaatbedrijven en onderzoeksinstituten. Het doel is om snel nieuwe technologieën te ontwikkelen voor de volgende generatie van energie-efficiënte computers.

Applied organiseerde de top in Singapore, waar het bedrijf al meer dan tien jaar samenwerkt met haar klanten en partners aan geavanceerde verpakkings R&D. De dramatische toename van het aantal aangesloten apparaten en de opkomst van AI creëren enorme groeimogelijkheden voor de chipindustrie. Tegelijkertijd wordt de industrie geconfronteerd met verschillende uitdagingen, waarvan de exponentiële toename van het energieverbruik, gevoed door de intense rekenkracht die nodig is om de groei van AI te ondersteunen, de belangrijkste is.

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Semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT) will be reporting results tomorrow after market hours.

Applied Materials beat analysts’ revenue expectations by 1.2% last quarter, reporting revenues of $7.05 billion, up 4.8% year on year. It was a strong quarter for the company, with an impressive beat of analysts’ EPS estimates and a significant improvement in its inventory levels.

This quarter, analysts are expecting Applied Materials’s revenue to grow 6.5% year on year to $7.14 billion, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $2.30 per share.

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Applied Materials Inc (NASDAQ:AMAT) reported first-quarter earnings that beat analyst estimates, but its stock fell 3.3% in after-hours trading as second-quarter guidance fell short of expectations.

The semiconductor equipment maker posted adjusted earnings per share of $2.38 for the quarter ended January 26, surpassing the analyst consensus of $2.28. Revenue came in at $7.17 billion, slightly above estimates of $7.15 billion and up 7% YoY.

However, Applied Materials' outlook for the current quarter disappointed investors. The company forecast second-quarter revenue of $7.1 billion, plus or minus $400 million, below the $7.198 billion analysts were expecting. It projected adjusted EPS of $2.30, plus or minus $0.18, compared to the $2.29 consensus estimate.

"We delivered strong financial performance in the first fiscal quarter, with record revenue, gross margin expansion and robust shareholder distributions," said CFO Brice Hill. He noted the company is "encouraged by the trends supporting continued customer investments to enable leading-edge technology inflections, while also taking into account export control related headwinds."

[Bubble Breaker]

Post-market 174,7$, overweeg pakketje bij te kopen.

[Wimpie85]

Post-market 174,7$, overweeg pakketje bij te kopen.

Komende dinsdag resultaten v. Arista, daar komt mss ook nog wel een bijkoopkans.

Al komen die meestal wel sterk voor de dag...

[Wimpie85]

Post-market 174,7$, overweeg pakketje bij te kopen.

Komende dinsdag resultaten v. Arista, daar komt mss ook nog wel een bijkoopkans.

Al komen die meestal wel sterk voor de dag...

En of er een bijkoopkans kwam...

[Wimpie85]

Applied Materials heeft groen licht gekregen van zijn raad van bestuur om tot 10 miljard dollar extra aandelen in te kopen, terwijl het kwartaaldividend werd verhoogd met 15 procent naar 0,46 dollar. Dit maakte de Amerikaanse chipfabrikant maandagmiddag bekend.