Applied Materials(US:AMAT)2025-05-16 07:31Financial Performance - Applied Materials is delivering strong financial performance[7] - FQ2'25 revenue reached $7.1 billion, a 7% year-over-year increase[33] - FQ2'25 Non-GAAP gross margin was 49.2%, a 170 bps year-over-year expansion[33] - FQ2'25 Non-GAAP EPS was $2.39, a 14% year-over-year increase[33] - Approximately $2 billion was distributed to shareholders in FQ2'25[32] Market and Technology - AI is a major catalyst for innovation and growth in the semiconductor industry[10] - Applied's revenue is up approximately 7% year-to-date in FY25, including FQ3 guidance[14] - Revenues from advanced DRAM customers are expected to grow over 40% in FY25[21] Future Outlook - The outlook for the third quarter of fiscal 2025 includes total revenue of approximately $7.2 billion ± $500 million and Non-GAAP EPS of approximately $2.35 ± $0.20[41] - Semiconductor Systems revenue is expected to be approximately $5.40 billion, Applied Global Services approximately $1.55 billion, and Display approximately $250 million in fiscal year 2025[41]