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Applied Materials Q4 sales increased slightly to $4.01 billion

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Staff Writer | November 16, 2018
Applied Materials reported strong revenue, operating income and earnings per share in its fourth quarter and fiscal year ended Oct. 28, 2018.
Applied Materials
Applied Materials   Gross margin was 44.3 percent
Compared to the fourth quarter of fiscal 2017, Applied net sales increased slightly to $4.01 billion. On a GAAP basis, the company recorded gross margin of 44.3 percent, operating income of $1.02 billion or 25.3 percent of net sales, and earnings per share (EPS) of $0.89.

On a non-GAAP adjusted basis, over the same period, the company reported gross margin of 45.5 percent, operating income of $1.07 billion or 26.6 percent of net sales, and EPS of $0.97.

The company returned $946 million to shareholders through $751 million in share repurchases and dividends of $195 million.

In fiscal 2018, Applied grew net sales by 19 percent to $17.25 billion. On a GAAP basis, the company recorded gross margin of 45.3 percent, operating income of $4.80 billion, and EPS of $3.23. On a non-GAAP adjusted basis, the company reported gross margin of 46.3 percent, operating income of $5.0 billion or 29.0 percent of net sales, and EPS of $4.45.

The company generated $3.79 billion in cash from operations, paid dividends of $605 million and used $5.28 billion to repurchase 102 million shares of common stock.


 

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