8-KOther Events

APPLIED MATERIALS INC /DE 8-K Report (Feb 18, 2004)

Filed February 18, 2004For Securities:AMAT

Summary

Applied Materials, Inc. (AMAT) filed an 8-K report on February 18, 2004, to announce its financial results for the first fiscal quarter ended February 1, 2004. The report primarily incorporates a press release detailing these results and provides context regarding the use of non-GAAP financial measures. Investors should note that this filing is focused on the disclosure of earnings and related information, with no significant new business developments or strategic announcements being the central theme.

Key Highlights

  • 1Announcement of Q1 2004 financial results on February 18, 2004.
  • 2The 8-K filing includes Exhibit 99.1, which is the official press release containing the financial results.
  • 3Applied Materials is using a pro forma measure of net income, excluding costs associated with realignment activities, to facilitate meaningful comparison with prior periods.
  • 4The company believes this pro forma net income measure reports baseline performance before realignment costs and is a primary indicator used by management for planning and forecasting.
  • 5Reconciliations of GAAP net income to pro forma net income are provided in the accompanying press release.
  • 6The filing explicitly states that the information is not incorporated by reference into other filings and is not deemed "filed" for certain sections of the Securities Exchange Act of 1934.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially announce and disseminate Applied Materials' financial results for its first fiscal quarter ended February 1, 2004, via an attached press release.

Applied Materials is presenting a pro forma net income measure that excludes costs related to realignment activities. The company uses this non-GAAP measure to provide a clearer view of its core operational performance, aiding in comparisons with prior periods and for internal management forecasting, as it believes this measure reflects baseline performance.

The detailed financial results are contained within the press release, which is attached as Exhibit 99.1 to this 8-K filing.

This particular 8-K filing primarily focuses on the disclosure of the company's quarterly financial results and the methodology for presenting them (including non-GAAP measures). It does not appear to announce significant new business developments or strategic shifts.