Applied Materials Q4 sales increased slightly to $4.01 billionStaff 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 Gross margin was 44.3 percent
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. ■