Applied Materials(AMAT) - 2024 Q3 - Quarterly Results

Exhibit 99.1 APPLIED MATERIALS ANNOUNCES THIRD QUARTER 2024 RESULTS • Revenue $6.78 billion, up 5 percent year over year • GAAP operating margin 28.7 percent and non-GAAP operating margin 28.8 percent, up 0.7 points and 0.5 points year over year, respectively • GAAP EPS $2.05 and non-GAAP EPS $2.12, up 11 percent and 12 percent year over year, respectively • Generated $2.39 billion in cash from operations SANTA CLARA, Calif., Aug. 15, 2024 — Applied Materials, Inc. (NASDAQ: AMAT) today reported results for ...