Categories Analysis, Earnings, Technology

Lam Research Corporation (LRCX): Q1 2023 Earnings Summary

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

Netflix (NFLX) Q1 2024 profit tops expectations; adds 9.3Mln subscribers

Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were up 15% year-over-year. Both numbers exceeded Wall Street's

PepsiCo (PEP) to report Q1 earnings next week. Here’s what to expect

PepsiCo, Inc. (NASDAQ: PEP) is preparing to report first-quarter results on April 23, before the opening bell. Of late, the food and beverage giant has been busy aligning its business

What to expect when Southwest Airlines (LUV) reports Q1 2024 earnings results

Shares of Southwest Airlines Co. (NYSE: LUV) were up 2% on Thursday. The stock has dropped 8% over the past one year. The airline is scheduled to report its first

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