Applied Materials Non-GAAP EPS of $2.03 beats by $0.11, revenue of $6.74B beats by $80M
Applied Materials press release  (NASDAQ:AMAT): Q1  Non-GAAP EPS of $2.03  beats by $0.11.
Revenue of $6.74B (+7% Y/Y)  beats by $80M.
In the second quarter of fiscal 2023, Applied expects net sales to be approximately $6.40 billion, plus or minus $400 million vs. $6.33B consensus, which includes ongoing supply chain challenges and a negative estimated impact of $250 million dollars related to a cybersecurity event recently announced by one of our suppliers. Non-GAAP adjusted diluted EPS is expected to be in the range of $1.66 to $2.02Â vs. $1.76 consensus