Lam Research (LRCX) PT Raised to $252 at KeyBanc
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/23/2026
- Nasdaq reaches record high close, AI stocks rally
- Meta AI agent triggers heavy selloff in banks, insurers, and travel stocks
- Exclusive: SB Energy Nasdaq IPO moving forward as planned
- AI and earnings keep driving markets as focus shifts to Trump-Xi summit
- Meta bull case increasingly playing out, Mizuho says
Lam Research Corporation Reports Financial Results for the Quarter Ended June 30, 2019
July 31, 2019 4:05 PM EDTFREMONT, Calif., July 31, 2019 (GLOBE NEWSWIRE) -- Lam Research Corporation (the Company, Lam, Lam Research) today announced financial results for the quarter ended June 30, 2019 (the June 2019 quarter).
Highlights for the June 2019 quarter were as follows:
Revenue of $2.36 billion.U.S. GAAP gross margin of 45.8%, U.S. GAAP operating income as a percentage of revenue of 26.1%, and U.S. GAAP diluted EPS of $3.51.Non-GAAP gross margin of 45.9%, non-GAAP operating income as a percentage of revenue of 26.9%, and non-GAAP diluted EPS of $3.62.Key Financial Data for the Quarters Ended June 30, 2019 and March 31,... More
