Applied Materials Hits Its Q1 Guidance
Applied Materials (NASDAQ:AMAT), a leader in semiconductor manufacturing equipment, announced its fiscal 2025 first-quarter earnings on Feb. 13. The company reported record revenue of $7.17 billion, a 7% increase from the same period last year. That was just above the midpoint of management's guidance range of $6.75 billion to $7.55 billion. Non-GAAP earnings per share (EPS) stood at $2.38, within the company's $2.11 to $2.47 guidance range. However, the company booked a 40% decline in GAAP EPS due in large part to a significant overseas tax impact.
Source: Management guidance provided in the fiscal Q4 2024 earnings report published Nov. 14, 2024.
Applied Materials plays a foundational role in the semiconductor and display sectors, providing a comprehensive portfolio of essential equipment, services, and software for chipmaking and display manufacturing. During a period of burgeoning demand for high-end semiconductors, its semiconductor systems segment plays a critical role. This segment provides the large majority of Applied Materials' revenues.
Source Fool.com
