Lam Research shares leap 6% on Q2 earnings beat
FREMONT, Calif. - Lam Research Corporation (NASDAQ:LRCX) reported better-than-expected fiscal second quarter results, sending shares up 6.5% in after-hours trading on Wednesday.
Lam Research Shares Gain After Upbeat Guidance
Shares of Lam Research rose after the maker of equipment for semiconductor manufacturing issued better-than-expected guidance for the current quarter. The stock was up 5.4%, to $79.33, in after-hours trading Wednesday after closing the regular session at $75.
Lam Research: Fiscal Q2 Earnings Snapshot
Lam Research Corp. (LRCX) on Wednesday reported fiscal second-quarter earnings of $1.19 billion. The Fremont, California-based company said it had net income of 92 cents per share. Earnings, adjusted for one-time gains and costs,
Earnings call transcript: Lam Research Q4 2024 beats earnings expectations
Lam Research Corp (NASDAQ:LRCX) reported strong financial results for the fourth quarter of 2024, surpassing analysts' expectations with an earnings per share (EPS) of $0.91 against a forecasted $0.88.
Lam Research Issues Upbeat Guidance After 2Q Profit, Revenue Jump
Lam Research issued upbeat guidance after posting higher quarterly profit and revenue, with its chief executive noting that increasing demands on semiconductor performance is playing into its strengths.
Lam Research (LRCX) Q2 Earnings and Revenues Top Estimates
Lam Research (LRCX) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.
Lam Research jumps as Q2 results, guidance top Wall Street forecast
Lam Research (NASDAQ:LRCX) shares rose 7% in late trading on Wednesday after the semiconductor equipment firm posted second-quarter results and issued guidance for the next period that topped Wall Street's estimates by a wide margin.
Lam Research Stock Gains Ahead Of Q2 Earnings As Wall Street Expects 14% Revenue Upside: Retail Keeps Fingers Crossed
Lam Research Corp. (LRCX) shares climbed over 1% in morning trade Wednesday, ahead of its second-quarter earnings report, which is scheduled after the closing bell. Stocktwits retail traders are betting on an earnings beat,
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Lam Research (NASDAQ:LRCX) Q4 Sales Beat Estimates, Stock Soars
Semiconductor equipment maker Lam Research (NASDAQ:LRCX) in Q4 CY2024, with sales up 16.4% year on year to $4.38 billion. On ...
Lam Research Corporation (LRCX) Reports Strong Q3 Profitability, Joins RE100 for Renewable Energy Commitment
We recently compiled a list of the Goldman Sachs’ 35 AI Superstars. In this article, we are going to take a look at where Lam ...
Lam Research (LRCX): New Buy Recommendation for This Technology Giant
In a report released today, Brian Chin from Stifel Nicolaus maintained a Buy rating on Lam Research (LRCX – Research Report), with a price ...
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Lam Research (LRCX) To Report Earnings Tomorrow: Here Is What To Expect
Semiconductor equipment maker Lam Research (NASDAQ:LRCX) will be reporting results tomorrow after market hours. Here’s what to expect. Lam Research beat analysts’ revenue expectations by 2.7% last ...
Cramer’s Take on Lam Research (LRCX): ‘The Cheapest I’ve Seen in a Long Time’
We recently published a list of Jim Cramer Looked At These 7 Stocks Recently. In this article, we are going to take a look at ...
Lynx Equity maintains $100 PT on Lam Research stock amid Street pessimism
Lynx Equity expressed a strong conviction in Lam Research Corporation (NASDAQ:LRCX), maintaining its $100 price target (PT) ...
New Buy Rating for Lam Research (LRCX), the Technology Giant
In a report released today, Steve Barger from KeyBanc maintained a Buy rating on Lam Research (LRCX – Research Report), with a price target of ...
Is Lam Research (LRCX) Among the Undervalued Semiconductor Stocks to Buy According to Analysts?
We recently published a list of 10 Undervalued Semiconductor Stocks to Buy According to Analysts. In this article, we are ...
Why DeepSeek is 'unexpected' positive for semicaps like AMAT, KLAC, LRCX
AI-related stocks including those within the semiconductor space fell sharply in premarket trading Monday after Chinese AI startup DeepSeek’s new AI model climbed to the top of Apple’s App Store ...