Lam Research (LRCX) Tops Q2 EPS by 14c, Offers Guidance
Get Alerts LRCX Hot Sheet
Price: $884.85 +1.93%
EPS Growth %: +4.3%
Financial Fact:
Gross margin: 716.2M
Today's EPS Names:
SFST, VLTO, CLIR, More
EPS Growth %: +4.3%
Financial Fact:
Gross margin: 716.2M
Today's EPS Names:
SFST, VLTO, CLIR, More
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Lam Research (NASDAQ: LRCX) reported Q2 EPS of $1.57, $0.14 better than the analyst estimate of $1.43. Revenue for the quarter came in at $1.43 billion versus the consensus estimate of $1.41 billion.
GUIDANCE:
Lam Research sees Q3 2016 EPS of $1.07, versus the consensus of $1.31.
Outlook
For the March 2016 quarter, Lam is providing the following guidance:
Reconciling
U.S. GAAP Items Non-GAAP
-------------------- ------------ --------------------
$1.43 $75 $1.43 $75
Shipments Billion +/- Million - Billion +/- Million
$1.30 $75 $1.30 $75
Revenue Billion +/- Million - Billion +/- Million
Gross margin 42.4% +/- 1% $21 Million 44.0% +/- 1%
Operating margin 14.2% +/- 1% $37 Million 17.0% +/- 1%
Net income per diluted
share $0.77 +/- $0.10 $50 Million $1.07 +/- $0.10
Diluted share count 174.5 Million 2 Million 172.5 Million
For earnings history and earnings-related data on Lam Research (LRCX) click here.
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