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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 objects, 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 through 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 a terrific place to profitably develop the corporate as highly effective traits gas the semiconductor trade’s growth within the years forward,” stated Gary Dickerson, the corporate’s CEO.
Prior Efficiency
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