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Applied Materials (NASDAQ:AMAT) reported its Q4 results, with EPS of $2.03 coming in better than the consensus estimate of $1.75. Revenue grew 10% year-over-year to $6.75 billion, beating the consensus estimate of $6.45B.
“Applied Materials delivered a strong finish to our fiscal year with record performance, and we remain focused on mitigating supply chain constraints and doing everything possible to meet customer demand,” said Gary Dickerson, President and CEO of Applied Materials.
The company provided its Q1/23 outlook, expecting EPS to be in the range of $1.75-$2.11, compared to the consensus estimate of $1.83. Q1 revenue is expected in the range of $6.3-7.1B, compared to the consensus estimate of $6.45B.
