Lam Research (LRCX) PT Raised to $95 at Nomura But Remains Sidelined
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Lam Research Corporation Announces Change in Date and Location for Analyst Meeting
October 19, 2016 4:10 PM EDTFREMONT, Calif., Oct. 19, 2016 (GLOBE NEWSWIRE) -- Lam Research Corporation (NASDAQ: LRCX) today announced that it will hold the companys analyst and investor meeting on Friday, November 18, 2016, from 9:00 a.m. to 12:30 p.m. Eastern Time at the Mandarin Oriental, New York. The meeting was previously scheduled for Wednesday, November 16, 2016 at the Fremont Marriott Silicon Valley.
... MoreLam Research Corporation Reports Financial Results for the Quarter Ended September 25, 2016
October 19, 2016 4:05 PM EDTFREMONT, Calif., Oct. 19, 2016 (GLOBE NEWSWIRE) -- Lam Research Corp. (Nasdaq: LRCX) today announced financial results for the quarter ended September 25, 2016 (the "September 2016 quarter").
Highlights for the September 2016 quarter were as follows:
Shipments of $1,708 million and revenue of $1,632 million.GAAP gross margin of 43.9%, GAAP operating margin of 19.4%, and GAAP diluted EPS of $1.47.Non-GAAP gross margin of 45.2%, non-GAAP operating margin of 22.4%, and non-GAAP diluted EPS of $1.81.... More