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
BIIB Earnings: Biogen Q1 2024 adj. earnings rise despite lower revenues
Biotechnology firm Biogen Inc. (NASDAQ: BIIB) Wednesday reported an increase in adjusted profit for the first quarter of 2024, despite a decline in revenues. Total revenue declined 7% year-over-year to
Hasbro (HAS) Q1 2024 Earnings: Key financials and quarterly highlights
Hasbro, Inc. (NASDAQ: HAS) reported first quarter 2024 earnings results today. Revenues decreased 24% year-over-year to $757.3 million. Net earnings attributable to Hasbro, Inc. were $58.2 million, or $0.42 per
BA Earnings: Highlights of Boeing’s Q1 2024 financial results
The Boeing Company (NYSE: BA) on Wednesday announced financial results for the first quarter of 2024, reporting a narrower net loss, on an adjusted basis. Revenues dropped 8%. Core loss,
