Lam Research Corporation Reports Financial Results for the Quarter Ended September 26, 2021
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Go back to Lam Research Corporation Reports Financial Results for the Quarter Ended September 26, 2021
October 20, 2021 6:03 PM EDT
Lam Research (NASDAQ: LRCX) shares fell 2.3% after-hours after the reported its Q2 results, representing the sixth consecutive quarter of record revenue and earnings per share. Quarterly EPS came in at $8.36, beating the consensus estimate of $8.21, and revenue at $4.3 billion (vs. Street of $4.32 billion)... More
October 20, 2021 4:39 PM EDT
Applied Materials (NASDAQ: AMAT) and other peers including KLA Corporation (NASDAQ: KLAC) traded lower in sympathy with Lam Research (NASDAQ: LRCX) after LRCX reported disappointing guidance.
LRCX -3.3%AMAT -1.9%KLAC -1%
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October 20, 2021 4:08 PM EDT
Lam Research (NASDAQ: LRCX) reported Q2 EPS of $8.36, $0.15 better than the analyst estimate of $8.21. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $4.32 billion.
GUIDANCE:
Lam Research sees Q3 2022 EPS of $7.87-$8.87, versus the consensus of... More
