Lam Research Corporation Reports Financial Results for the Quarter Ended September 24, 2023

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Go back to Lam Research Corporation Reports Financial Results for the Quarter Ended September 24, 2023

Lam Research (LRCX) shares fall despite earnings, guidance beat

October 18, 2023 4:27 PM EDT

Lam Research (NASDAQ: LRCX) reported softer-than-expected guidance for its second fiscal quarter, sending its shares about 3.2% lower in after-hours trading.

The company reported adjusted earnings per share of $6.85, exceeding the estimated $6.12. Revenue of $3.48 billion, representing a 31% decrease compared to the previous year, slightly... More

Lam Research (LRCX) Tops Q1 EPS by 78c, Offers Guidance

October 18, 2023 4:07 PM EDT

Lam Research (NASDAQ: LRCX) reported Q1 EPS of $6.85, $0.78 better than the analyst estimate of $6.07. Revenue for the quarter came in at $3.48 billion versus the consensus estimate of $3.41 billion.

GUIDANCE:

Lam Research sees Q2 2024 EPS of $7.75-$6.25, versus the consensus... More