Lam Research Corporation Reports Financial Results for the Quarter Ended March 27, 2016

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Lam Research (LRCX) Tops Q3 EPS by 8c; Issues Solid Outlook

April 20, 2016 4:08 PM EDT

Lam Research (NASDAQ: LRCX) reported Q3 EPS of $1.18, $0.08 better than the analyst estimate of $1.10. Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.31 billion.

GUIDANCE:

Lam Research sees Q4 2016 EPS of $1.53-$1.73, versus the consensus of... More