Categories Earnings, Technology

Lam Research Corp. (LRCX): Q1 2020 Earnings Snapshot

– Lam Research Corp. (NASDAQ: LRCX) reported first-quarter 2020 adjusted earnings of $3.18 per share, vs. $3.01 per share expected.

– September-quarter unadjusted earnings were $3.09 per share, vs. $3.23 per share last year

– Revenues declined 7% year-over-year to $2.17 billion, vs. $2.16 billion expected

– Forecasts second-quarter revenues of $2.5 billion

– Looking for Q2 adjusted earnings of $3.80 per share; reported earnings of $3.71 per share

– Lam Research shares gained 66% since the beginning of 2019; gained further during Wednesday’s after-hours sesson

Follow our Google News edition to get the latest stock market, earnings and financial news at your fingertips

Most Popular

GameStop (GME) Earnings: Q1 loss narrows on 25% sales growth

Video game retailer GameStop Corp. (NYSE: GME), which has become the talk of the town after the unprecedented stock rally in recent weeks, reported a narrower loss for the first

Should you invest in Steel Dynamics (STLD) stock after 78% rally?

The steel industry managed to shrug off the pandemic blues earlier than expected as the recovery in industrial activity pushed up demand. With the vaccination drive and the government’s aggressive

Campbell Soup (CPB) Q3 Earnings: Key financials and quarterly highlights

Campbell Soup Company (NYSE: CPB) reported third-quarter 2021 earnings results today. Net sales decreased 11% year-over-year to $1.98 billion, as a result of lapping the demand surge at the onset

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top