Lam Research (LRCX) Reports Q2 Earnings: What Key Metrics Have to Say
LRCXLam Research(LRCX) Zacks Investment Research·2024-01-30 23:39

Lam Research (LRCX) reported 3.76billioninrevenueforthequarterendedDecember2023,representingayearoveryeardeclineof28.83.76 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 28.8%. EPS of 7.52 for the same period compares to 10.71ayearago.Thereportedrevenuerepresentsasurpriseof+1.3010.71 a year ago. The reported revenue represents a surprise of +1.30% over the Zacks Consensus Estimate of 3.71 billion. With the consensus EPS estimate being $7.06, the EPS surprise was +6.52%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...