Browse the website of the Advanced Composites Research Group, within the School of Mechanical and Aerospace Engineering at Queen's University Belfast, which brings together a multidisciplinary team of researchers focussing on the science and engineering of composite materials and structures Applied Materials to Detail Plans for Helping Accelerate Customer Success in the AI Era. Elsewhere, the Dow gained 0.6%, while the tech-heavy Nasdaq lost 0.81%. Note: The reconciliation of GAAP and non-GAAP adjusted segment results above does not include certain revenues, costs of products sold and operating expenses that are reported within corporate and other and included in consolidated operating income. Non-GAAP adjusted diluted EPS is expected to be in the range of $1.70 to $1.82. View the latest AMAT income statement, balance sheet, and financial ratios. On a non-GAAP adjusted basis, the company reported gross margin of 44.0 percent, operating income of $3.43 billion or 23.5 percent of net sales, and EPS of $3.04. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with GAAP. View AMAT financial statements in full. “Applied Materials’ fourth quarter results reflect a healthy uptick in demand for semiconductor equipment, combined with strong execution across the company,” said Gary Dickerson, president and CEO. See the company profile for Applied Materials, Inc. (AMAT), including business summary, industry/sector information, number of employees, corporate governance, key … Applied Materials is funded by NYSERDA. Applied Materials, Inc. provides manufacturing equipment, services and software to the global semiconductor, display and related industries. About Applied MaterialsApplied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Applied Materials will discuss these results during an earnings call that begins at 1:30 p.m. Pacific Time today. UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP ADJUSTED EFFECTIVE INCOME TAX RATE, Applied Materials Announces Fourth Quarter and Fiscal Year 2019 Results, Purchased technology and other intangible assets, net, Total liabilities and stockholders’ equity. Management uses these non-GAAP adjusted financial measures to evaluate the company’s operating and financial performance and for planning purposes, and as performance measures in its executive compensation program. Start a 14-day free trial to Morningstar Premium to unlock full historical financials. “We are confident in our ability to outperform our markets as large, secular trends create sustainable demand for semiconductors and our leadership in materials engineering becomes increasingly critical to deliver new chip technologies.”. Resolutions of prior years’ income tax filings and other tax items, Non-GAAP adjusted provision for income taxes, Non-GAAP adjusted income before income taxes, Non-GAAP adjusted effective income tax rate. In the first quarter of fiscal 2020, Applied expects net sales to be approximately $4.10 billion, plus or minus $150 million. The Investor Relations website contains information about Applied Materials's business for stockholders, potential investors, and financial analysts. Second quarter GAAP results included a $154 million deal termination fee paid per the terms of the Share Purchase Agreement with Kokusai Electric Corporation and KKR HKE Investment L.P., which reduced earnings per share by $0.17. © 2021 Applied Materials, Inc. All Rights Reserved. On a GAAP basis, the company recorded gross margin of 47.5 percent, operating income of $1.58 billion or 28.3 percent of net sales, and earnings per share (EPS) of $1.43. Fourth Quarter and Fiscal Year Reportable Segment Information, Use of Non-GAAP Adjusted Financial Measures. Applied Materials AI (x) Platform Harnesses the Power of Big Data and AI to Accelerate Semiconductor Technology Breakthroughs from Lab to Fab. Fiscal Calendar 2021. These statements and their underlying assumptions are subject to risks and uncertainties and are not guarantees of future performance. Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. The company returned $694 million to shareholders including $500 million in share repurchases and dividends of $194 million. Applied Materials Showcases Unique Capabilities to Accelerate Innovation and Drive Long-Term Profitable Growth. Factors that could cause actual results to differ materially from those expressed or implied by such statements include, without limitation: the level of demand for our products; global economic and industry conditions; the effects of regional or global health epidemics, including the severity and duration of the ongoing COVID-19 pandemic; global trade issues and changes in trade and export license policies, including the recent rules and interpretations promulgated by U.S. Department of Commerce expanding export license requirements for certain products sold to certain entities in China; consumer demand for electronic products; the demand for semiconductors; customers’ technology and capacity requirements; the introduction of new and innovative technologies, and the timing of technology transitions; our ability to develop, deliver and support new products and technologies; the concentrated nature of our customer base; acquisitions, investments and divestitures; changes in income tax laws; our ability to expand our current markets, increase market share and develop new markets; market acceptance of existing and newly developed products; our ability to obtain and protect intellectual property rights in key technologies; our ability to achieve the objectives of operational and strategic initiatives, align our resources and cost structure with business conditions, and attract, motivate and retain key employees; the variability of operating expenses and results among products and segments, and our ability to accurately forecast future results, market conditions, customer requirements and business needs; and other risks and uncertainties described in our SEC filings, including our recent Forms 10-Q and 8-K. All forward-looking statements are based on management’s current estimates, projections and assumptions, and we assume no obligation to update them. Cork, Ireland – 24 November, 2011: Applied Materials, Inc., the global leader in providing equipment to enable the manufacture of advanced semiconductor devices, has joined the Science Foundation Ireland-funded Strategic Research Cluster FORME (Functional Oxides and Related Materials for Electronics). Applied Materials, Inc. provides manufacturing equipment, services and software to the global semiconductor, display and related industries. Adjustment to provision for income taxes related to non-GAAP adjustments reflected in income before income taxes. Applied also adopted Accounting Standards Update 2017-07, Compensation—Retirement Benefits, as of the first day of fiscal 2019 using the retrospective method. View Applied Materials stock / share price, financial statements, key ratios and more at Craft. In most locations, employees may choose among: Retirement Savings and Investment Programs Applied Materials offers two programs that can help employees save and invest for the future: Applied Materials' Retirement Savings Plan (401k) Employees' Stock Purchase Plan (ESPP) Stock Programs The Investor Relations website contains information about Applied Materials's business for stockholders, potential investors, and financial analysts. Financial information for Applied Materials, including earnings reports, annual reports and SEC filings. Learn more at www.appliedmaterials.com. There are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles, may be different from non-GAAP financial measures used by other companies, and may exclude certain items that may have a material impact upon our reported financial results. Applied provides investors with certain non-GAAP adjusted financial measures, which are adjusted for the impact of certain costs, expenses, gains and losses, including certain items related to mergers and acquisitions; restructuring charges and any associated adjustments; impairments of assets, or investments; gain or loss on sale of strategic investments; tax effect of share-based compensation; certain income tax items and other discrete adjustments. This was a Grant round raised on Sep 9, 2013.