Lam Research Q2 EPS $10.71 Beats $9.96 Estimate, Sales $5.28B Beat $5.08B Estimate

Lam Research (NASDAQ:LRCX) reported quarterly earnings of $10.71 per share which beat the analyst consensus estimate of $9.96 by 7.53 percent. This is a 25.56 percent increase over earnings of $8.53 per share from the

Lam Research (NASDAQ:LRCX) reported quarterly earnings of $10.71 per share which beat the analyst consensus estimate of $9.96 by 7.53 percent. This is a 25.56 percent increase over earnings of $8.53 per share from the same period last year. The company reported quarterly sales of $5.28 billion which beat the analyst consensus estimate of $5.08 billion by 3.94 percent. This is a 24.91 percent increase over sales of $4.23 billion the same period last year.

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