Lam Research: Q3 Earnings Insights

Lam Research LRCX reported its Q3 earnings results on Wednesday, April 19, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Lam Research beat estimated earnings by 6.88%, reporting an EPS of $6.99 versus an estimate of $6.54.

Revenue was down $190.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.75 which was followed by a 1.91% increase in the share price the next day.

Here's a look at Lam Research's past performance:

To track all earnings releases for Lam Research visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.