Lam Research (LRCX) Tops Q2 EPS by $1.49; Guides Above at Midpoint
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Lam Research Corporation Reports Financial Results for the Quarter Ended June 26, 2022
July 27, 2022 4:05 PM EDTFREMONT, Calif., July 27, 2022 (GLOBE NEWSWIRE) -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended June 26, 2022 (the June 2022 quarter).
Highlights for the June 2022 quarter were as follows:
Revenue of $4.64 billion.U.S. GAAP gross margin of 45.3%, U.S. GAAP operating income as a percentage of revenue of 31.9%, and U.S. GAAP diluted EPS of $8.74.Non-GAAP gross margin of 45.2%, non-GAAP operating income as a percentage of revenue of 31.5%, and non-GAAP diluted EPS of $8.83.... More