Lam Research (LRCX) Tops Q1 EPS by 14c, Reports Strong Q2 Guidance

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Go back to Lam Research (LRCX) Tops Q1 EPS by 14c, Reports Strong Q2 Guidance

Lam Research Corporation Reports Financial Results for the Quarter Ended September 23, 2018

October 16, 2018 4:05 PM EDT

FREMONT, Calif., Oct. 16, 2018 (GLOBE NEWSWIRE) -- Lam Research Corp. (Nasdaq: LRCX) today announced financial results for the quarter ended September 23, 2018 (the September 2018 quarter).

Highlights for the September 2018 quarter were as follows:

Revenue of $2.33 billion.U.S. GAAP gross margin of 45.4%, U.S. GAAP operating income as a percentage of revenue of 25.4%, and U.S. GAAP diluted EPS of $3.23.Non-GAAP gross margin of 46.4%, non-GAAP operating income as a percentage of revenue of 27.0%, and non-GAAP diluted EPS of $3.36.... More