Categories AlphaGraphs, Earnings, Technology

LRCX Earnings: All you need to know about Lam Research’s Q2 2023 results

Semiconductor company Lam Research (NASDAQ: LRCX) has announced financial results for the second quarter of 2023, reporting higher earnings and revenues.

Lam Research Q2 2023 earnings infographic

Adjuster profit, excluding special items, advanced to $10.71 per share in the December quarter from $10.42 per share in the same period of last year. The reported profit was $1.47 billion and $10.77 per share, higher than last year’s net income of $1.19 billion or $8.44 per share.

Driving the bottom-line growth, revenues rose sharply by 25% year-over-year to $5.28 billion, with strong contributions from the Chinese and Korean markets.

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%

Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss

Key metrics from Nike’s (NKE) Q2 2025 earnings results

NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net

FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips

Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,

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