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Utilized Supplies, Inc. (NASDAQ: AMAT) on Thursday introduced monetary outcomes for the fourth quarter of 2023, reporting a rise in adjusted revenue.
Adjusted earnings of the semiconductor know-how firm elevated to $2.12 per share within the October quarter from $2.03 per share in the identical interval of 2022. Web revenue, together with particular gadgets, was $2.0 billion or $2.38 per share within the fourth quarter, in comparison with $1.59 billion or $1.85 per share final yr.
Web gross sales have been broadly unchanged at $6.72 billion throughout the three-month interval. The corporate generated $1.56 billion in money from operations and distributed $968 million to shareholders.
“Utilized’s broad product portfolio, sturdy buyer relationships, and management at main know-how inflections put us in an amazing place to profitably develop the corporate as highly effective traits gasoline the semiconductor trade’s growth within the years forward,” mentioned Gary Dickerson, the corporate’s CEO.
Prior Efficiency
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