Lam Research (LRCX) PT Raised to $235 at Stifel

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Go back to Lam Research (LRCX) PT Raised to $235 at Stifel

Lam Research Corporation Reports Financial Results for the Quarter Ended September 24, 2017

October 17, 2017 4:05 PM EDT

FREMONT, Calif., Oct. 17, 2017 (GLOBE NEWSWIRE) -- Lam Research Corp. (Nasdaq: LRCX) today announced financial results for the quarter ended September 24, 2017 (the September 2017 quarter).

Highlights for the September 2017 quarter were as follows:

Shipments of $2.38 billion and revenue of $2.48 billion.U.S. GAAP gross margin of 46.4%, U.S. GAAP operating margin of 28.0%, and U.S. GAAP diluted EPS of $3.21.Non-GAAP gross margin of 47.2%, non-GAAP operating margin of 29.6%, and non-GAAP diluted EPS of $3.46.... More