Categories AlphaGraphs, Earnings, Technology

Lam Research stock falls after reporting Q1 earnings: Infographic

Lam Research (NASDAQ: LRCX) reported first-quarter 2021 financial results after the regular market hours on Wednesday. The company reported Q1 revenue of $4.30 billion, up 35% year-over-year, but lower than the Wall Street projection. Net income of $8.36 per share was, meanwhile, above the target that analysts had anticipated.

LRCX shares fell 3% immediately following the announcement. The stock has gained 18% since the beginning of this year.

Lam research lrcx Q1 earnings

Looking forward to listening to management / analyst comments on the results? Stay tuned here for Lam Research Q1 earnings call transcript

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