Applied Materials (Nasdaq: AMAT) reported earnings on Nov. 15. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Oct. 28 (Q4), Applied Materials beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped significantly and GAAP earnings per share shrank to a loss.

Margins shrank across the board.

Revenue details
Applied Materials booked revenue of $1.65 billion. The 16 analysts polled by S&P Capital IQ hoped for sales of $1.57 billion on the same basis. GAAP reported sales were 25% lower than the prior-year quarter's $2.18 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.06. The 16 earnings estimates compiled by S&P Capital IQ averaged $0.03 per share. GAAP EPS were -$0.42 for Q4 versus $0.35 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 35.6%, 340 basis points worse than the prior-year quarter. Operating margin was 2.8%, 1,420 basis points worse than the prior-year quarter. Net margin was -31.3%, 5,220 basis points worse than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $1.73 billion. On the bottom line, the average EPS estimate is $0.09.

Next year's average estimate for revenue is $8.32 billion. The average EPS estimate is $0.74.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 2,016 members out of 2,125 rating the stock outperform, and 109 members rating it underperform. Among 429 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 408 give Applied Materials a green thumbs-up, and 21 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Applied Materials is outperform, with an average price target of $12.97.

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