Lam Research (LRCX) Tops Q2 EPS by 66c

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Go back to Lam Research (LRCX) Tops Q2 EPS by 66c

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

January 24, 2018 4:08 PM EST

FREMONT, Calif., Jan. 24, 2018 (GLOBE NEWSWIRE) -- Lam Research Corp. (Nasdaq: LRCX) today announced financial results for the quarter ended December 24, 2017 (the December 2017 quarter).

Highlights for the December 2017 quarter were as follows:

Shipments of $2.63 billion and revenue of $2.58 billion.U.S. GAAP gross margin of 46.7%, U.S. GAAP operating margin of 28.6%, and U.S. GAAP diluted EPS of $(0.06).Non-GAAP gross margin of 47.6%, non-GAAP operating margin of 30.2%, and non-GAAP diluted EPS of $4.34.

Key Financial Data for the Quarters EndedDecember 24, 2017 and September 24, 2017 (in thousands, except... More