Loading...
•
Oct 30, 2022
Applied Materials Q4 2022 Earnings Report
Applied Materials reported record quarterly revenue and record non-GAAP EPS, despite a slight decrease in GAAP EPS, while also returning significant value to shareholders through share repurchases and dividends.
Key Takeaways
Applied Materials announced strong Q4 2022 results, featuring record quarterly revenue of $6.75 billion, a 10% increase year-over-year. The company's GAAP EPS was $1.85, while non-GAAP EPS reached a record $2.03. Applied Materials also generated $857 million in cash from operations and returned $1.72 billion to shareholders through share repurchases and dividends.
Record quarterly revenue of $6.75 billion, up 10% year-over-year.
GAAP EPS of $1.85, a decrease of 2% year-over-year.
Record non-GAAP EPS of $2.03, up 5% year-over-year.
Returned $1.72 billion to shareholders through share repurchases and dividends.
Applied Materials
Applied Materials
Applied Materials Revenue by Segment
Applied Materials Revenue by Geographic Location
Revenue by Segment
Semiconductor Systems Revenue
CapyFin.comApplied Global Services Revenue
CapyFin.comDisplay Revenue
CapyFin.comRevenue by Geographic Location
United States Revenue
CapyFin.comEurope Revenue
CapyFin.comJapan Revenue
CapyFin.comKorea Revenue
CapyFin.comTaiwan Revenue
CapyFin.comSoutheast Asia Revenue
CapyFin.comChina Revenue
CapyFin.com Forward Guidance
For the first quarter of fiscal 2023, Applied Materials anticipates net sales of approximately $6.70 billion, plus or minus $400 million. Non-GAAP adjusted diluted EPS is expected to be in the range of $1.75 to $2.11.
Positive Outlook
- Net sales to be approximately $6.70 billion, plus or minus $400 million.
- Non-GAAP adjusted diluted EPS is expected to be in the range of $1.75 to $2.11.
- Includes a net income tax benefit related to intra-entity intangible asset transfers of $0.02 per share.
- Focused on mitigating supply chain constraints.
- Strategic investments to win the major technology inflections.
Challenges Ahead
- Includes the expected impact of recently announced U.S. export regulations.
- Ongoing supply chain challenges.
- Excludes known charges related to completed acquisitions of $0.01 per share.
- Does not reflect any items that are unknown at this time, such as any additional charges related to acquisitions or other non-operational or unusual items.
- Does not reflect other tax related items, which we are not able to predict without unreasonable efforts due to their inherent uncertainty.
Revenue & Expenses
Visualization of income flow from segment revenue to net income