Applied Materials announced its second quarter 2022 results, with revenue reaching $6.25 billion, a 12% increase year over year. The company's GAAP EPS was $1.74, up by 22% compared to the previous year. However, ongoing supply chain issues continue to pose constraints.
Quarterly revenue reached $6.25 billion, reflecting a 12% increase year-over-year.
GAAP operating margin was 30.3%, while non-GAAP operating margin was 30.6%.
GAAP EPS stood at $1.74, marking a 22% increase year-over-year.
Non-GAAP EPS was $1.85, a 13% increase year-over-year.
In the third quarter of fiscal 2022, Applied expects net sales to be approximately $6.25 billion, plus or minus $400 million. Non-GAAP adjusted diluted EPS is expected to be in the range of $1.59 to $1.95.
Visualization of income flow from segment revenue to net income