Market News AIOpen the app

Applied Materials made a record $10.41 billion in sales last quarter and $34.45 billion for the year.

ResultsRead the original at SEC EDGAR
Good for AMAT

Applied Materials reported record sales and higher profit margins and profit per share for the quarter and year. Its expected growth in the Semiconductor Systems business adds support, with no comparable setback reported in the release.

AMAT · Applied Materials, Inc.

AI read · Good for AMAT

The AI's read

The results show strong demand for Applied Materials' equipment. Its sales, profit margins, and profit per share all rose, and the company expects its Semiconductor Systems business to keep growing. The release reports no comparable setback that changes this positive reading.

Get alerts for AMAT

Follow Applied Materials, Inc. (AMAT) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for AMAT
Free on the App Store and Google Play, or on the web.