Lam Research (LRCX) Tops Q1 EPS by 86c, Revenues Beat
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Lam Research Corporation Reports Financial Results for the Quarter Ended September 25, 2022
October 19, 2022 4:05 PM EDTFREMONT, Calif., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended September 25, 2022 (the September 2022 quarter).
Highlights for the September 2022 quarter were as follows:
Revenue of $5.07 billion.U.S. GAAP gross margin of 46.1%, U.S. GAAP operating income as a percentage of revenue of 33.5%, and U.S. GAAP diluted EPS of $10.39.Non-GAAP gross margin of 46.0%, non-GAAP operating income as a percentage of revenue of 33.3%, and non-GAAP diluted EPS of $10.42.... More