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0 0.00225303695445142 -0.000195108354818487 -0.00123104081016428 0.00457575546419523 0.000255499036071718 0.00225303695445142 0.00225303695445142
Stock impact report

Lam Research (NASDAQ:LRCX) Q1: Beats On Revenue [Yahoo! Finance]

Lam Research Corporation (LRCX) 
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
Company Research Source: Yahoo! Finance
The company expects next quarter's revenue to be around $3.8 billion, in line with analysts' estimates. It made a non-GAAP profit of $7.79 per share, improving from its profit of $6.99 per share in the same quarter last year. Is now the time to buy Lam Research? Find out in our full research report Lam Research (LRCX) Q1 CY2024 Highlights: Revenue: $3.79 billion vs analyst estimates of $3.73 billion (1.7% beat) EPS (non-GAAP): $7.79 vs analyst estimates of $7.30 (6.8% beat) Revenue Guidance for Q2 CY2024 is $3.8 billion at the midpoint, roughly in line with what analysts were expecting Gross Margin (GAAP): 47.5%, up from 43.2% in the same quarter last year Inventory Days Outstanding: 197, down from 203 in the previous quarter Free Cash Flow of $1.28 billion, similar to the previous quarter Market Capitalization: $116.3 billion "With solid revenue and earnings per share performance in the March quarter, Lam is off to a strong start in calendar 2024" said Tim Archer, Show less Read more
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