Applied Materials Q2 revenue $3.54 billionChristian Fernsby ▼ | May 17, 2019
Applied Materials reported results for its second quarter ended April 28, 2019.
Applied Materials On a non-GAAP adjusted basis, the company reported gross margin of 43.5 percent
On a non-GAAP adjusted basis, the company reported gross margin of 43.5 percent, operating income of $794 million or 22.4 percent of net sales, and EPS of $0.70.
The company returned $814 million to shareholders including $625 million in share repurchases and dividends of $189 million. As previously announced on March 8, 2019, Applied’s Board of Directors approved a five percent increase in the quarterly cash dividend from $0.20 to $0.21 per share. ■