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.
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:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Richtech’s mission is to transform the service industry through collaborative robotic solutions: President
Richtech Robotics Inc. (NASDAQ: RR) is a leading provider of robotic solutions, developing, manufacturing, and deploying novel products needed for automation in the service industry. The company's solutions include delivery,
What to expect when Darden Restaurants reports Q1 results
Darden Restaurants, Inc. (NYSE: DRI) is scheduled to release its first-quarter report on September 19, with analysts forecasting a year-over-year increase in sales and profit. The market will be keeping a
Oracle (ORCL) sees continued strong revenue growth in FY25
Oracle Corporation (NYSE: ORCL) started the new fiscal year on a high note with stronger-than-expected first-quarter results, driving the stock higher soon after the announcement. The tech giant’s earnings and
