Applied Materials Inc
AMAT: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|c^ | LOCK|>J | LOCK|#>yB#&s# |
Applied Materials Earnings: Leading-Edge Chip Demand Keeps Driving Good Results
Applied Materials' April-quarter revenue rose 7% year over year to $7.1 billion, down 1% sequentially. Non-GAAP gross margin rose 170 basis points year over year to 49.2%. July-quarter guidance calls for 1% sequential revenue growth, to $7.2 billion, and 90 basis points of gross margin compression.
