Applied Materials Announces First Quarter 2019 Results

1 These items are incremental charges attributable to completed acquisitions, consisting of amortization of purchased intangible assets.

2 GAAP basis tax benefit related to share-based compensation is being recognized ratably over the fiscal year on a non-GAAP basis.

3 Charges to income tax provision related to a one-time transition tax and a decrease in U.S. deferred tax assets as a result of the recent U.S. tax legislation.

4 Adjustment to provision for income taxes related to non-GAAP adjustments reflected in income before income taxes.

APPLIED MATERIALS, INC.
UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP ADJUSTED RESULTS

 Three Months Ended
(In millions, except per share amounts)January 27, January 28,
20192018
Non-GAAP Adjusted Earnings Per Diluted Share   
Reported earnings per diluted share - GAAP basis$0.80  $0.15 
Certain items associated with acquisitions0.01  0.04 
Loss (gain) on strategic investments, net(0.01)  
Income tax effect of share-based compensation  (0.04)
Income tax effect of changes in applicable U.S. tax laws(0.02) 0.94 
Income tax effects related to amortization of intra-entity intangible asset transfers(0.03)  
Resolution of prior years’ income tax filings and other tax items0.06  (0.01)
Non-GAAP adjusted earnings per diluted share$0.81  $1.08 
Weighted average number of diluted shares965  1,071 
      

APPLIED MATERIALS, INC.
UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP ADJUSTED RESULTS

 Three Months Ended
(In millions, except percentages)January 27, January 28,
20192018
Semiconductor Systems Non-GAAP Adjusted Operating Income   
Reported operating income - GAAP basis$631  $1,024 
Certain items associated with acquisitions111  46 
Non-GAAP adjusted operating income$642  $1,070 
Non-GAAP adjusted operating margin28.3% 37.5%
AGS Non-GAAP Adjusted Operating Income   
Reported operating income - GAAP basis$285  $255 
Acquisition integration costs  1 
Non-GAAP adjusted operating income$285  $256 
Non-GAAP adjusted operating margin29.6% 29.1%
Display and Adjacent Markets Non-GAAP Adjusted Operating Income   
Reported operating income - GAAP basis$115  $90 
Certain items associated with acquisitions13  3 
Non-GAAP adjusted operating income$118  $93 
Non-GAAP adjusted operating margin23.3%  21.0 %
           

« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »
Featured Video
Jobs
Senior Firmware Architect - Server Manageability for Nvidia at Santa Clara, California
Senior Platform Software Engineer, AI Server - GPU for Nvidia at Santa Clara, California
CAD Engineer for Nvidia at Santa Clara, California
GPU Design Verification Engineer for AMD at Santa Clara, California
Sr. Silicon Design Engineer for AMD at Santa Clara, California
Design Verification Engineer for Blockwork IT at Milpitas, California
Upcoming Events
SEMICON Japan 2024 at Tokyo Big Sight Tokyo Japan - Dec 11 - 13, 2024
PDF Solutions AI Executive Conference at St. Regis Hotel San Francisco - Dec 12, 2024
DVCon U.S. 2025 at United States - Feb 24 - 27, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise