Lam Research (LRCX) Should Offer Insights Into A 2H Memory Recovery - DA Davidson
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Lam Research (LRCX) Tops Q3 EPS by 32c, Revenues Beat; Offers 2Q EPS/Revenue Mid-Point Guidance Above Consensus
April 24, 2019 4:10 PM EDTLam Research (NASDAQ: LRCX) reported Q3 EPS of $3.70, $0.32 better than the analyst estimate of $3.38. Revenue for the quarter came in at $2.44 billion versus the consensus estimate of $2.4 billion.
Revenue of $2.44 billion.U.S. GAAP gross margin of 44.0%, U.S.... MoreLam Research (LRCX) PT Raised to $220 at RBC Capital; Focus Should Be on the 2nd-Half
April 23, 2019 6:46 AM EDTRBC Capital analyst Mitch Steves raised the price target on Lam Research (NASDAQ: LRCX) to $220.00 (from $190.00) while maintaining a Outperform rating.
Steves commented, "Heading into the Mar-qtr print we think the upside could be driven by better than feared Jun-qtr... More
