Lam Research (LRCX) Tops Q4 EPS by 37c, Q1 Guidance Misses Views

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Go back to Lam Research (LRCX) Tops Q4 EPS by 37c, Q1 Guidance Misses Views

Lam Research Corporation Reports Financial Results for the Quarter Ended June 24, 2018

July 26, 2018 4:05 PM EDT

FREMONT, Calif., July 26, 2018 (GLOBE NEWSWIRE) -- Lam Research Corp. (Nasdaq: LRCX) today announced financial results for the quarter ended June 24, 2018 (the June 2018 quarter).

Highlights for the June 2018 quarter were as follows:

Shipments of $3.03 billion and revenue of $3.13 billion.U.S. GAAP gross margin of 47.3%, U.S. GAAP operating margin of 30.6%, and U.S. GAAP diluted EPS of $5.82.Non-GAAP gross margin of 48.0%, non-GAAP operating margin of 31.8%, and non-GAAP diluted EPS of $5.31.

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