The company said net revenue for the 3-month period ended July 28, 2024 rose from a year earlier, citing higher semiconductor equipment customer investment and increased revenue from long-term service agreements and customer spending on spares as the main factors. It said net revenue also rose for the 9-month period, partially offset by lower revenue from semiconductor equipment investment.

1. 01

   The company said net revenue for the 3-month period ended July 28, 2024 rose from a year earlier, citing higher semiconductor equipment customer investment and increased revenue from long-term service agreements and customer spending on spares as the main factors. It said net revenue also rose for the 9-month period, partially offset by lower revenue from semiconductor equipment investment.

2. 02

   Semiconductor Systems revenue rose year over year in 3 months and fell in 9 months, the company said. It said foundry and logic customer spending declined in both periods, while memory customer spending rose on higher investment in DRAM technology transitions.

3. 03

   The company said cash from operating activities for the 9 months ended July 28, 2024 was $6.1 billion. It said it used $2.7 billion in financing activities over the same period, primarily for share repurchases of $2.4 billion and shareholder dividends of $863 million.

4. 04

   The company said it issued $700 million in principal amount of senior unsecured notes due 2029 in a public offering in June 2024, bearing interest at 4.800%, and that it plans to use the proceeds for general corporate purposes. It said the outstanding principal balance of its senior unsecured notes was $6.2 billion as of July 28, 2024.

Key figures

Quarter ended July 28, 2024

Revenue

$6.8B

Operating income

$1.9B

Net income

$1.7B

EPS

$2.05

Gross profit

$3.2B

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.