Lam Research (LRCX) Tops Q2 EPS by 16c, Q3 Guidance Beats

Lam Research (NASDAQ: LRCX) reported Q2 EPS of $4.01, $0.16 better than the analyst estimate of $3.85. Revenue for the quarter came in at $2.58 billion versus the consensus estimate of $2.51 billion.

GUIDANCE:

Lam Research sees Q3 2020 EPS of $4.55 at mid-point, versus the consensus of $4.00. Lam Research sees Q3 2020 revenue of $2.8 billion at mid-point, versus the consensus of $2.58 billion.

For earnings history and earnings-related data on Lam Research (LRCX) click here.

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