Lam Research Corporation Reports Financial Results for the Quarter Ended September 26, 2021

Go back to Lam Research Corporation Reports Financial Results for the Quarter Ended September 26, 2021

Lam Research (LRCX) Stock Takes a Breather Despite Another Record Quarter

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

Applied Materials (AMAT), Other Peers Trade Lower in Sympathy with Lam Research (LRCX)

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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Lam Research (LRCX) Tops Q2 EPS by 15c

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