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Applied Materials' gross profit margin was 46.9% and its operating profit margin was 30.6%.
Applied Materials announced its second quarter fiscal year 2022 results on the 19th (local time).
Applied Materials' global second-quarter revenue reached $6.25 billion under U.S. accounting standards, with a gross margin of 46.9%. Operating profit and operating margin were $1.89 billion and 30.3%, respectively, and earnings per share (EPS) came to $1.74.
Non-GAAP accounting standards recorded gross profit margin of 47.0%, operating profit of $1.91 billion, operating profit margin of 30.6%, and net income per share of $1.85.
Applied Materials said it generated $415 million in cash from operations and returned $2.01 billion to shareholders, including $1.8 billion in share repurchases and $211 million in dividends.
“Demand for Applied Materials’ products and services is stronger than ever, but ongoing supply chain challenges remain a constraint,” said Gary Dickerson, Applied Materials’ chairman and CEO. “Applied Materials’ priority is to quickly and creatively bring more of our supply chain back online and accelerate the technology transformation that will drive the semiconductor market for years to come.”
Applied Materials' revenue for the third quarter of fiscal year 2022 is expected to be $6.25 billion, within $400 million of the consensus estimate. This estimate takes into account ongoing supply chain issues, and non-GAAP diluted earnings per share are expected to be in the range of $1.59 to $1.95.
Meanwhile, detailed information on Applied Materials' performance can be found on the Applied Materials website .
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