Business Context and Reporting Period
Company: Applied Materials, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: August 17, 2004
Reporting Period: Third fiscal quarter ended August 1, 2004
This filing announces the financial results for the third fiscal quarter of 2004. The detailed financial data is contained within the attached press release (Exhibit 99.1), which is referenced but not fully reproduced in the text of this 8-K.
Key Financial Metrics
The text of this specific 8-K filing does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are located in the attached Exhibit 99.1 (Press Release) and are not explicitly stated in the body of this document.
Material Changes
The filing does not detail specific material changes or comparative figures versus the prior period within the main text. It directs readers to the attached press release for the full results of operations.
Guidance, Outlook, and Non-GAAP Information
Non-GAAP Measures: Applied Materials utilizes a non-GAAP financial measure of net income, adjusted to exclude special items related to realignment activities. Management considers these "ongoing results" to be the primary indicator for planning and forecasting, as they reflect baseline performance exclusive of prior period realignment charges.
Legal Disclaimer: The information in this report and the attached exhibit is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific revenue, net income, and earnings per share figures for the quarter ended August 1, 2004.
- Verify the reconciliation between GAAP net income and the non-GAAP "ongoing results" to understand the impact of realignment charges.
- Confirm whether the "realignment activities" mentioned have concluded or if future charges are anticipated.
- Check subsequent filings for any updates to the guidance or outlook mentioned in the August 17, 2004 press release.