Lam Research (LRCX) Tops Q4 EPS by 54c

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Lam Research Corporation Reports Financial Results for the Quarter Ended JuneĀ 27, 2021

July 28, 2021 4:05 PM EDT

FREMONT, Calif., July 28, 2021 (GLOBE NEWSWIRE) -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended June 27, 2021 (the June 2021 quarter).

Highlights for the June 2021 quarter were as follows:

Revenue of $4.15 billion.U.S. GAAP gross margin of 46.2%, U.S. GAAP operating income as a percentage of revenue of 31.7%, and U.S. GAAP diluted EPS of $7.98.Non-GAAP gross margin of 46.5%, non-GAAP operating income as a percentage of revenue of 32.6%, and non-GAAP diluted EPS of $8.09.... More