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Lam Research beats expectations with $2.75 billion in Q1 net income

Nasdaq +7 ·

LRCX Lam Research Corp
$260.81 -1.00%
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  1. 1Lam Research Corp. reported Q1 net income of $2.75 billion.
  2. 2Lam Research Corp. reported Q1 revenue of $8.22 billion.
  3. 3Lam Research Corp. expects Q2 revenue to be between $8.2 billion and $9 billion.

So what's the key point?

Lam Research Corp. earned $2.75 billion in net income during the first quarter. The company expects next quarter's revenue to be between $8.2 billion and $9 billion.

Source Nasdaq +7 · View original ↗

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