24.04.2024 22:18:11 - dpa-AFX: Lam Research Corporation Announces Climb In Q3 Profit

FREMONT (dpa-AFX) - Lam Research Corporation (LRCX) revealed a profit for
its third quarter that increased from the same period last year

The company's bottom line came in at $965.83 million, or $7.34 per share. This
compares with $814.01 million, or $6.01 per share, in last year's third quarter.

Excluding items, Lam Research Corporation reported adjusted earnings of $1.02
billion or $7.79 per share for the period.

The company's revenue for the quarter fell 2.1% to $3.79 billion from $3.87
billion last year.

Lam Research Corporation earnings at a glance (GAAP) :

-Earnings (Q3): $965.83 Mln. vs. $814.01 Mln. last year.
-EPS (Q3): $7.34 vs. $6.01 last year.
-Revenue (Q3): $3.79 Bln vs. $3.87 Bln last year.

-Guidance:
Next quarter EPS guidance: $6.75 - $8.25
Next quarter revenue guidance: $3.5 - $4.1 Bln


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
LAM RESEARCH CORP.DL-,001 869686 Frankfurt 843,300 08.05.24 15:50:26 -12,400 -1,45% 837,900 841,600 844,300 855,700

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