Lam Research June-quarter GAAP diluted EPS rises 24.8% to $1.81; revenue climbs 15.1% to $6.72 billion Q/Q
LRCX•June-quarter results
- Lam Research posted June-quarter U.S. GAAP revenue of $6.72 billion, up 15.1% from the prior quarter.
- U.S. GAAP diluted EPS climbed 24.8% to $1.81; operating margin widened 2.4 percentage points to 37.4%.
- Non-GAAP diluted EPS rose 23.8% to $1.82; non-GAAP operating margin expanded 3.4 percentage points to 38.4%.
- Cash, cash equivalents and restricted cash increased to $5.6 billion; deferred revenue rose to $2.43 billion.
September-quarter outlook
- Lam guided September-quarter revenue of $8.1 billion plus or minus $400 million, with U.S. GAAP operating margin seen at 39.5% plus or minus 1%.
