Lam Research (LRCX) Reports In-Line Q3 EPS
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Lam Research Corporation Reports Financial Results for the Quarter Ended March 29, 2020
April 22, 2020 4:05 PM EDTFREMONT, Calif., April 22, 2020 (GLOBE NEWSWIRE) -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended March 29, 2020 (the March 2020 quarter).
Highlights for the March 2020 quarter were as follows:
Revenue of $2.50 billion.U.S. GAAP gross margin of 46.6%, U.S. GAAP operating income as a percentage of revenue of 27.7%, and U.S. GAAP diluted EPS of $3.88.Non-GAAP gross margin of 46.3%, non-GAAP operating income as a percentage of revenue of 26.9%, and non-GAAP diluted EPS of $3.98.Key Financial Data for the Quarters EndedMarch 29, 2020 and... More
