Lam Research (LRCX) Tops Q2 EPS by 66c; Offers Q3 Guidance

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Go back to Lam Research (LRCX) Tops Q2 EPS by 66c; Offers Q3 Guidance

Lam Research Corporation Reports Financial Results for the Quarter Ended December 25, 2022

January 25, 2023 4:05 PM EST

FREMONT, Calif., Jan. 25, 2023 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended December 25, 2022 (the "December 2022 quarter").

Highlights for the December 2022 quarter were as follows:

Revenue of $5.28 billion.U.S. GAAP gross margin of 45.0%, U.S. GAAP operating income as a percentage of revenue of 31.8%, and U.S. GAAP diluted EPS of $10.77.Non-GAAP gross margin of 45.1%, non-GAAP operating income as a percentage of revenue of 32.1%, and non-GAAP diluted EPS of... More