LRCX - Lam Research Reports Better-Than-Expected Q3 Results | Benzinga
Lam Research Corporation (NASDAQ:LRCX) reported its third-quarter financial results after the bell Wednesday. Here's a look at the highlights.
The Details:
Lam Research reported quarterly adjusted earnings of $7.79 per share which beat the analyst consensus estimate of $7.30 by 6.71%.
Quarterly sales clocked in at $3.793 billion, beating the analyst consensus estimate of $3.724 billion by 1.86%.
Cash and cash equivalents, short-term investments, and restricted cash and investments balances increased slightly to ...