Lam Research (LRCX) Tops Q1 EPS by 11c; Issues Strong Q2 Outlook

Lam Research (NASDAQ: LRCX) reported Q1 EPS of $1.82, $0.11 better than the analyst estimate of $1.71. Revenue for the quarter came in at $1.6 million versus the consensus estimate of $1.6 billion.

Lam Research sees Q2 2016 EPS of $1.32-$1.52, versus the consensus of $1.30. Lam Research sees Q2 2016 revenue of $1.335-1.485 billion, versus the consensus of $1.40 billion.

For earnings history and earnings-related data on Lam Research (LRCX) click here.

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