SolarEdge Technologies, Inc. (NASDAQ:SEDG), a global leader in smart energy technology, today announced the appointment of Yoram Tietz and Gilad Almogy to its Board of Directors, effective January 6, 2025. Mr. Tietz has been appointed as chair the Board's Audit Committee, while Mr. Almogy joined the Board's Technology Committee. Yoram Tietz is a Senior Advisor to General Atlantic, a leading global growth equity investment fund where he provides strategic support and counsel for General Atlantic's investing platform in Israel. Prior to joining General Atlantic, Mr. Tietz spent 27 years at Ernst & Young (EY), including more than 15 years as Managing Partner of EY Israel. Prior to his role a

SANTA CLARA, Calif., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.40 per share payable on the company's common stock. The dividend is payable on March 13, 2025 to shareholders of record as of Feb. 20, 2025. The cash dividend is a key component of Applied's capital allocation strategy. In March 2024, Applied announced a 25-percent increase in the dividend per share, from $0.32 to $0.40, marking the seventh consecutive year that the company has increased its dividend. Over the past 10 years, Applied's dividend per share has grown at a compound annual growth rate of approximately 15 percen

SANTA CLARA, Calif., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. issued the following statement today regarding updated export regulations for semiconductor technology, announced by the United States government on Dec. 2, 2024: Based on our initial assessment of the impact of these new regulations, Applied Materials is not changing the guided ranges of our first quarter of fiscal 2025 business outlook provided in our Nov. 14, 2024 financial results press release. Forward-Looking StatementsThis press release contains forward-looking statements, including those regarding the impact of new export regulations on our ability to export products and provide services to customers a

New Applied Materials MAX OLED™ solution enables OLED display manufacturing on larger glass panels, bringing the superior display technology found in high-end smartphones to tablets, PCs and TVsPatented OLED pixel architecture and dramatically different manufacturing approach improve all types of OLED displays, making them even brighter, clearer, more energy-efficient and longer-lastingThe integrated system combines the OLED deposition and encapsulation technologies needed to mass-produce superior OLED displays SANTA CLARA, Calif., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today introduced the MAX OLED™ solution, a patented OLED pixel architecture and revolutionary display

EPIC Advanced Packaging marks an expansion of Applied's global innovation platformCompany convenes top semiconductor R&D leaders to advance high-performance, low-power AI chip packaging technologies SANTA CLARA, Calif. and SINGAPORE, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced plans to expand its global EPIC* innovation platform with a new collaboration model specifically designed to accelerate commercialization of advanced chip packaging technologies. To kick-off the initiative, Applied convened more than two dozen top R&D leaders from the semiconductor industry to encourage alliances between equipment makers, material providers, device companies and researc

SANTA CLARA, Calif., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that Brice Hill, Senior Vice President and CFO, will participate in fireside chats at the following investor conferences: UBS Global Technology Conference in Scottsdale, Arizona on Tuesday, Dec. 3 beginning at 9:55 a.m. PT / 12:55 p.m. ET. Wells Fargo TMT Summit in Rancho Palos Verdes, California on Wednesday, Dec. 4 beginning at 8:45 a.m. PT / 11:45 a.m. ET. A live audio webcast of each session will be available on the Applied Materials website at: https://ir.appliedmaterials.com with a replay available the same day. About Applied MaterialsApplied Materials, Inc. (NASDAQ:AMAT) is the leader

Quarterly revenue $7.05 billion, up 5 percent year over yearQuarterly GAAP EPS $2.09 and non-GAAP EPS $2.32, down 12 percent and up 9 percent year over year, respectivelyAnnual revenue $27.18 billion, up 2 percent year over yearAnnual GAAP EPS $8.61 and non-GAAP EPS $8.65, up 6 percent and 7 percent year over year, respectively SANTA CLARA, Calif., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ:AMAT) today reported results for its fourth quarter and fiscal year ended Oct. 27, 2024. Fourth Quarter Results Applied generated record revenue of $7.05 billion. On a GAAP basis, the company reported gross margin of 47.3 percent, record operating income of $2.05 billion or 29.

New President and CFO join to drive transformation and propel success Skyhigh Security, a worldwide leader in data-focused cloud, on-premises and hybrid security solutions, today announced the appointments of Sanjay Castelino as President and James Denena as Chief Financial Officer. The addition of these two industry veterans to Skyhigh Security's Executive Leadership Team further powers its momentum toward becoming the world's most trusted data security company and positions the organization for long-term growth. These strategic appointments underscore Skyhigh Security's commitment to rapid growth, product innovation, and a unified vision for protecting data and data access at every leve

SANTA CLARA, Calif., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. will hold a webcast to discuss its fourth quarter and fiscal 2024 financial results on Thursday, Nov. 14, 2024, at 4:30 p.m. ET / 1:30 p.m. PT. The live webcast will be accessible via the Applied Materials website at: https://ir.appliedmaterials.com. A replay will be available on the same day beginning at 8:00 p.m. ET / 5:00 p.m. PT. About Applied MaterialsApplied Materials, Inc. (NASDAQ:AMAT) is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables cu

SANTA CLARA, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that its Board of Directors has approved a quarterly cash dividend of $0.40 per share payable on the company's common stock. The dividend is payable on Dec. 12, 2024 to shareholders of record as of Nov. 21, 2024. The cash dividend is a key component of Applied's capital allocation strategy. In March 2024, Applied announced a 25-percent increase in the dividend per share, from $0.32 to $0.40. Applied's dividend per share has increased in each of the past seven years and grown at a compound annual rate of approximately 15 percent over the past 10 years. In the third quarter of fiscal 2024, Applie

SolarEdge Technologies, Inc. (NASDAQ:SEDG), a global leader in smart energy technology, today announced the appointment of Yoram Tietz and Gilad Almogy to its Board of Directors, effective January 6, 2025. Mr. Tietz has been appointed as chair the Board's Audit Committee, while Mr. Almogy joined the Board's Technology Committee. Yoram Tietz is a Senior Advisor to General Atlantic, a leading global growth equity investment fund where he provides strategic support and counsel for General Atlantic's investing platform in Israel. Prior to joining General Atlantic, Mr. Tietz spent 27 years at Ernst & Young (EY), including more than 15 years as Managing Partner of EY Israel. Prior to his role a

Mr. Ducrot brings strong customer relationships and business development expertise during an exciting time for the semiconductor industry GRENOBLE, France, Sept. 4, 2024 /PRNewswire/ -- Applied Materials, Inc. today announced Florent Ducrot, Vice President and General Manager, to serve as the Head of European Operations. Mr. Ducrot has more than three decades of experience in the semiconductor industry, spanning marketing, service and business development. During his 21 years at Applied Materials, he has led initiatives which contributed to significant growth of the company's services business.

Seasoned financial leader brings deep experience delivering operational efficiency and profitable growth Bloom Energy Inc. (NYSE:BE), a leading provider of clean energy solutions, announced today the appointment of Daniel Berenbaum as Chief Financial Officer, effective April 29, 2024. Berenbaum will succeed Greg Cameron, who will remain with the company until mid-May 2024 to ensure a smooth transition. "We're thrilled to have Dan join our leadership team," said KR Sridhar, Founder, Chairman and Chief Executive Officer. "He stood out among an exceptional group of finalists by showing a strong record of success across the board – on scaling and strategy; on financial discipline and cost r

SANTA CLARA, Calif., Oct. 24, 2022 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced the appointment of Kevin March to serve on its Board of Directors. A semiconductor industry veteran, Mr. March brings more than 30 years of finance and business operations expertise to Applied and will serve on the Board's Audit Committee. "Kevin has a long, well-regarded track record of building shareholder value, and we are excited to have him join the Board," said Tom Iannotti, Chairman of the Board of Applied Materials. "Kevin's strong financial leadership and deep semiconductor industry experience will benefit Applied as the company continues to scale its operations to support future gr

SANTA CLARA, Calif., March 07, 2022 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced that Brice Hill has joined the company as Senior Vice President and Chief Financial Officer. Hill has 25 years of finance leadership experience within the semiconductor industry, most recently as CFO of Xilinx, Inc., and previously at Intel Corporation where he was the finance leader of many of the company's largest businesses and functions. "This is a period of unprecedented growth and opportunity in the semiconductor and equipment industries," said Gary Dickerson, President and CEO of Applied Materials. "Brice brings tremendous experience in semiconductor devices, manufacturing and computing

Appoints Bhaskar Banerjee to SVP & Head of Strategy Luna Innovations Incorporated (NASDAQ:LUNA) today announced that Bhaskar Banerjee has been hired into a newly created position of Senior Vice President and Head of Strategy, effective immediately. Reporting directly to Luna President and CEO, Scott A. Graeff, Banerjee will be a key member of the executive leadership team. In this role, Banerjee, a technology executive with more than twenty years of experience in the semiconductor industry, will lead long-term planning, business and corporate development, and strategic investments, including acquisitions and divestitures. He will work closely with senior leaders to identify, analyze and re

SANTA CLARA, Calif., Dec. 08, 2020 (GLOBE NEWSWIRE) -- Applied Materials, Inc. today announced Rani Borkar will join its Board of Directors effective Dec. 14. Ms. Borkar brings decades of expertise in semiconductor design and computing systems development to Applied and will serve on the Board’s Strategy and Investment Committee. “Rani is a well-respected technology leader and product visionary, and we look forward to her contributions as we drive growth and build long-term shareholder value for Applied Materials,” said Tom Iannotti, Chairman of the Board of Applied Materials. “Her experience in chip design and cloud computing provide valuable insights as Applied looks to expand its ecosy