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Articles in “LRCX”

Lam Research (LRCX) Shares Skyrocket, What You Need To Know Cover Image
NASDAQ LRCX Why It Moves
Lam Research (LRCX) Shares Skyrocket, What You Need To Know

Jabin Bastian 2023/03/29 8:36pm

What Happened: Shares of semiconductor equipment maker Lam Research (NASDAQ:LCRX) jumped 5.02% in the afternoon session after memory chipmaker, Micron, reported earnings for the latest quarter. While the results trailed the consensus estimates for revenue and operating profits, Wall Street analysts noted that the semiconductor company had faced a steeper slump than anticipated, but signs of a rebound are emerging. The outlook from the company was optimistic, with Sanjay Mehrotra, the chief executive, affirming his "confidence" in the long-term demand scenario and envisaging "gradual improvements" in the industry's supply-demand equation. The stock reaction suggests that the market is putting more weight on longer-term risk/reward than near-term cyclical results. ... Continue Reading Continue Reading
Lam Research (NASDAQ:LRCX) Q2: Beats On Revenue But Quarterly Guidance Underwhelms Cover Image
NASDAQ LRCX Earnings
Lam Research (NASDAQ:LRCX) Q2: Beats On Revenue But Quarterly Guidance Underwhelms

Jabin Bastian 2023/01/25 9:10pm

Semiconductor equipment maker Lam Research (NASDAQ:LCRX) reported Q2 FY2023 results beating Wall St's expectations, with revenue up 24.8% year on year to $5.27 billion. However, guidance for the next quarter was less impressive, coming in at $3.8 billion at the midpoint, being 11.7% below analyst estimates. Lam Research made a GAAP profit of $1.46 billion, improving on its profit of $1.19 billion, in the same quarter last year. ... Continue Reading Continue Reading
Lam Research's (NASDAQ:LRCX) Q1 Sales Top Estimates, Provides Optimistic Guidance For Next Quarter Cover Image
NASDAQ LRCX Earnings
Lam Research's (NASDAQ:LRCX) Q1 Sales Top Estimates, Provides Optimistic Guidance For Next Quarter

Kayode Omotosho 2022/10/19 8:12pm

Semiconductor equipment maker Lam Research (NASDAQ:LCRX) reported results ahead of analyst expectations in the Q1 FY2023 quarter, with revenue up 17.8% year on year to $5.07 billion. On top of that, guidance for next quarter's revenue was surprisingly good, being $5.1 billion at the midpoint, 7.64% above what analysts were expecting. Lam Research made a GAAP profit of $1.42 billion, improving on its profit of $1.17 billion, in the same quarter last year. ... Continue Reading Continue Reading
Lam Research (NASDAQ:LRCX) Surprises With Q4 Sales, Provides Optimistic Guidance For Next Quarter Cover Image
NASDAQ LRCX Earnings
Lam Research (NASDAQ:LRCX) Surprises With Q4 Sales, Provides Optimistic Guidance For Next Quarter

Kayode Omotosho 2022/07/27 8:41pm

Semiconductor equipment maker Lam Research (NASDAQ:LCRX) announced better-than-expected results in the Q4 FY2022 quarter, with revenue up 11.8% year on year to $4.63 billion. On top of that, guidance for next quarter's revenue was surprisingly good, being $4.9 billion at the midpoint, 6.44% above what analysts were expecting. Lam Research made a GAAP profit of $1.2 billion, improving on its profit of $1.14 billion, in the same quarter last year.... Continue Reading Continue Reading
Lam Research (NASDAQ:LRCX) Misses Q3 Sales Targets Cover Image
NASDAQ LRCX Earnings
Lam Research (NASDAQ:LRCX) Misses Q3 Sales Targets

Jabin Bastian 2022/04/20 8:17pm

Semiconductor equipment maker Lam Research (NASDAQ:LCRX) fell short of analyst expectations in Q3 FY2022 quarter, with revenue up 5.52% year on year to $4.06 billion. Guidance for the next quarter also missed analyst expectations with revenues guided to $4.2 billion at the midpoint, or 5.66% below analyst estimates. Lam Research made a GAAP profit of $1.02 billion, down on its profit of $1.07 billion, in the same quarter last year. ... Continue Reading Continue Reading
Lam Research Corporation (NASDAQ:LRCX) Misses Q2 Analysts' Revenue Estimates, Stock Drops Cover Image
NASDAQ LRCX Earnings
Lam Research Corporation (NASDAQ:LRCX) Misses Q2 Analysts' Revenue Estimates, Stock Drops

Jabin Bastian 2022/01/26 9:36pm

Semiconductor equipment maker Lam Research (NASDAQ:LCRX) fell short of analyst expectations in Q2 FY2022 quarter, with revenue up 51.3% year on year to $4.22 billion. Guidance for the next quarter also missed analyst expectations with revenues guided to $4.25 billion at the midpoint, or 5.63% below analyst estimates. Lam Research Corporation made a GAAP profit of $1.19 billion, improving on its profit of $696.6 million, in the same quarter last year.... Continue Reading Continue Reading
Lam Research (NASDAQ:LRCX) Delivers Q3 In Line With Estimates, No Surprises In Guidance For Next Quarter Cover Image
NASDAQ LRCX Earnings
Lam Research (NASDAQ:LRCX) Delivers Q3 In Line With Estimates, No Surprises In Guidance For Next Quarter

Adam Hejl 2021/10/20 8:39pm

Semiconductor equipment maker Lam Research (NASDAQ:LCRX) reported Q3 FY2021 results in line with Wall St's expectations, with revenue up 71.9% year on year to $4.3 billion. Guidance also came in in-line with next quarter revenues guided to $4.4 billion. Lam Research made a GAAP profit of $1.17 billion, improving on its profit of $574.7 million, in the same quarter last year.... Continue Reading Continue Reading