Applied Materials Q4 2023 Earnings Report
Key Takeaways
Applied Materials announced its Q4 and Fiscal Year 2023 results, with quarterly revenue of $6.72 billion, flat year over year. The company reported GAAP EPS of $2.38, up 29 percent year over year, and non-GAAP EPS of $2.12, up 4 percent year over year. For the full year, Applied Materials generated record revenue of $26.52 billion, up 3 percent year over year.
Quarterly revenue was $6.72 billion, flat year over year.
GAAP EPS was $2.38, up 29 percent year over year.
Non-GAAP EPS was $2.12, up 4 percent year over year.
Generated $1.56 billion in cash from operations and distributed $968 million to shareholders.
Applied Materials
Applied Materials
Applied Materials Revenue by Segment
Applied Materials Revenue by Geographic Location
Forward Guidance
In the first quarter of fiscal 2024, Applied expects net sales to be approximately $6.47 billion, plus or minus $400 million. Non-GAAP adjusted diluted EPS is expected to be in the range of $1.72 to $2.08.
Revenue & Expenses
Visualization of income flow from segment revenue to net income