Applied Materials Reports Q4 Fiscal Year Beat on Revenue and EPS
Applied Materials (AMAT) reported fourth-quarter fiscal results that exceeded analyst expectations, posting a non-GAAP diluted earnings per share of $4.16, which beat estimates by $0.11. The company's revenue reached $10.4 billion, representing a significant 52.9% year-over-year increase and surpassing consensus estimates by approximately $100 million. Looking ahead to the first quarter of fiscal 2027, Applied Materials provided optimistic guidance. The company expects total revenue to reach approximately $11.1 billion (with a +/- $500 million margin) and non-GAAP diluted EPS to rise to roughly $4.35 (with a +/- $0.20 margin). This forward outlook suggests continued momentum in the semiconductor equipment sector.