Applied Materials’ Record quarterly revenue of $5.16 billion, up 24 percent year over year in Q1 2021

Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its first quarter ended Jan. 31, 2021.

Applied generated revenue of $5.16 billion. On a GAAP basis, the company recorded a gross margin of 45.5 percent, operating income of $1.28 billion or 24.9 percent of net sales, and earnings per share (EPS) of $1.22.

Source: https://ir.appliedmaterials.com/

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