Lam Research Corporation (NASDAQ: LRCX) reported total revenue of $3.87 billion for the first quarter of 2023 compared to $4 billion in the same period a year ago.
Net income was $814 million, or $6.01 per share, compared to $1 billion, or $7.30 per share, last year. Adjusted EPS was $6.99.
For the second quarter of 2023, revenue is expected to be $3.1 billion, plus or minus $300 million.
Most Popular
QCOM Earnings: Qualcomm Q2 2024 revenue and profit beat Street view
Semiconductor company Qualcomm, Inc. (NASDAQ: QCOM) reported an increase in earnings and revenues for the second quarter of 2024. The numbers came in above analysts' estimates. At $9.39 billion, March-quarter
Key takeaways from Amazon’s Q1 2024 earnings report
Amazon.com Inc. (NASDAQ: AMZN) had an upbeat start to fiscal 2024, delivering strong growth across the business in the first three months of the year. While the cloud segment continues
Key takeaways from Pfizer’s (PFE) Q1 2024 earnings report
Shares of Pfizer Inc. (NYSE: PFE) gained over 5% on Wednesday following the company’s announcement of its first quarter 2024 earnings results. Although the top and bottom line numbers decreased
