Piper Jaffray Remains Bullish on Lam Research (LRCX) Following 4Q EPS Beat
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Lam Research Corporation Reports Financial Results for the Quarter Ended June 28, 2015
July 29, 2015 4:05 PM EDTFREMONT, CA -- (Marketwired) -- 07/29/15 -- Lam Research Corp. (NASDAQ: LRCX) today announced financial results for the quarter ended June 28, 2015.
Highlights for the June 2015 quarter were as follows:
Shipments of $1,616 million, up 8% from the prior quarter Revenue of $1,481 million, up 6% from the prior quarter GAAP gross margin of 43.3%, GAAP operating margin of 12.9% and GAAP diluted EPS of $0.74 Non-GAAP gross margin of 45.5%, non-GAAP operating margin of 21.6%, and non-GAAP diluted EPS of $1.50 Financial Highlights for the Quarters Ended June 28, 2015 and March 29, 2015 (in thousands, except per-share data, percentages, and basis points) U.S. GAAP ---------------------------------------------------------------------------... More