Lam Research (LRCX) Tops Q3 EPS by 41c, Offers Q4 Guidance

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Go back to Lam Research (LRCX) Tops Q3 EPS by 41c, Offers Q4 Guidance

Lam Research Corporation Reports Financial Results for the Quarter Ended March 25, 2018

April 17, 2018 4:05 PM EDT

FREMONT, Calif., April 17, 2018 (GLOBE NEWSWIRE) -- Lam Research Corp. (Nasdaq: LRCX) today announced financial results for the quarter ended March 25, 2018 (the March 2018 quarter).

Highlights for the March 2018 quarter were as follows:

Shipments of $3.13 billion and revenue of $2.89 billion.U.S. GAAP gross margin of 46.0%, U.S. GAAP operating margin of 28.6%, and U.S. GAAP diluted EPS of $4.33.Non-GAAP gross margin of 46.8%, non-GAAP operating margin of 30.0%, and non-GAAP diluted EPS of $4.79.... More