Lam Research (LRCX) PT Raised to $252 at KeyBanc
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Lam Research Corporation Reports Financial Results for the Quarter Ended June 30, 2019
July 31, 2019 4:05 PM EDTFREMONT, Calif., July 31, 2019 (GLOBE NEWSWIRE) -- Lam Research Corporation (the Company, Lam, Lam Research) today announced financial results for the quarter ended June 30, 2019 (the June 2019 quarter).
Highlights for the June 2019 quarter were as follows:
Revenue of $2.36 billion.U.S. GAAP gross margin of 45.8%, U.S. GAAP operating income as a percentage of revenue of 26.1%, and U.S. GAAP diluted EPS of $3.51.Non-GAAP gross margin of 45.9%, non-GAAP operating income as a percentage of revenue of 26.9%, and non-GAAP diluted EPS of $3.62.Key Financial Data for the Quarters Ended June 30, 2019 and March 31,... More
