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Lam Research Corporation Profit Rises In Q4

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Lam Research Corporation (LRCX) announced earnings for its fourth quarter that Increases, from last year

The company's earnings totaled $1.720 billion, or $1.35 per share. This compares with $1.020 billion, or $0.78 per share, last year.

Excluding items, Lam Research Corporation reported adjusted earnings of $1.697 billion or $1.33 per share for the period.

The company's revenue for the period rose 33.6% to $5.171 billion from $3.871 billion last year.

Lam Research Corporation earnings at a glance (GAAP) :

-Earnings: $1.720 Bln. vs. $1.020 Bln. last year.
-EPS: $1.35 vs. $0.78 last year.
-Revenue: $5.171 Bln vs. $3.871 Bln last year.

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