Lam Research (LRCX) Tops Q3 EPS by 89c, Guidance Beats
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Lam Research Corporation Reports Financial Results for the Quarter Ended March 28, 2021
April 21, 2021 4:05 PM EDTFREMONT, Calif., April 21, 2021 (GLOBE NEWSWIRE) -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended March 28, 2021 (the March 2021 quarter).
Highlights for the March 2021 quarter were as follows:
Revenue of $3.85 billion.U.S. GAAP gross margin of 46.3%, U.S. GAAP operating income as a percentage of revenue of 31.1%, and U.S. GAAP diluted EPS of $7.41.Non-GAAP gross margin of 46.3%, non-GAAP operating income as a percentage of revenue of 31.6%, and non-GAAP diluted EPS of $7.49.... More