Summary
This filing is an amendment to Applied Materials Inc.'s (AMAT) third fiscal quarter report for the period ended July 31, 2011. The amendment's primary purpose is to refile Exhibits 10.63 and 10.64, which relate to a Bridge Loan Agreement and a Credit Agreement, both dated May 25, 2011, due to the withdrawal of a confidential treatment request for these documents. Investors should note that this amendment does not alter the financial results or operational information previously reported in the original 10-Q filing. The underlying financial performance for the quarter ended July 31, 2011, as originally reported, would be the focus for investors. This includes reviewing revenue, profitability, cash flow, and any material changes in the business or its outlook that were discussed in the original filing. The inclusion of these credit agreements, now publicly available, provides more transparency into the company's financing arrangements.
Financial Highlights
55 data points| Revenue | $2.86B |
| Cost of Revenue | $1.60B |
| Gross Profit | $1.19B |
| R&D Expenses | $282.00M |
| SG&A Expenses | $240.00M |
| Operating Expenses | $497.00M |
| Operating Income | $687.00M |
| Interest Expense | $25.00M |
| Net Income | $489.00M |
| EPS (Basic) | $0.36 |
| EPS (Diluted) | $0.37 |
| Shares Outstanding (Basic) | 1.32B |
| Shares Outstanding (Diluted) | 1.33B |
Key Highlights
- 1Amendment No. 1 to Form 10-Q filed for the quarter ended July 31, 2011.
- 2The amendment's sole purpose is to refile Exhibits 10.63 and 10.64 after withdrawing a request for confidential treatment.
- 3Exhibit 10.63 is a Bridge Loan Agreement dated May 25, 2011.
- 4Exhibit 10.64 is a Credit Agreement dated May 25, 2011.
- 5This amendment does not modify or update any part of the financial information or management's discussion and analysis from the original Q3 FY'11 Form 10-Q.
- 6Applied Materials Inc. (AMAT) is identified as a large accelerated filer.
- 7The filing confirms the number of outstanding common shares as of July 31, 2011, was 1,317,531,478.