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2023-01-25 21:17:16

Lam Research Corporation Bottom Line Rises In Q2

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Nasdaq
By Rtt News

(RTTNews) - Lam Research Corporation (LRCX) announced a profit for its second quarter that increased from the same period last year

The company's bottom line came in at $1.47 billion, or $10.77 per share. This compares with $1.19 billion, or $8.44 per share, in last year's second quarter.

Excluding items, Lam Research Corporation reported adjusted earnings of $1.46 billion or $10.71 per share for the period.

The company's revenue for the quarter rose 24.8% to $5.28 billion from $4.23 billion last year.

Continue read on nasdaq.com

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