earnings
confidence high
sentiment positive
materiality 0.85
Lam Research Q1 FY2022 revenue $4.30B, GAAP EPS $8.27, guides Q2 rev ~$4.4B
LAM RESEARCH CORP
2022-Q1 EPS reported
$8.27
revenue$4,304,465,000
- Revenue $4.30B (+4% QoQ); GAAP diluted EPS $8.27 (+4% QoQ); Non-GAAP diluted EPS $8.36.
- GAAP gross margin 45.9% (-30bps QoQ); Non-GAAP gross margin 46.0% (-50bps QoQ).
- Cash from ops $457.5M; share repurchases $1.2B; dividends $185.4M; cash balance $4.9B.
- Guidance for Dec 2021: rev ~$4.4B, GAAP EPS $8.37, Non-GAAP EPS $8.45.
- CEO Tim Archer highlighted sixth consecutive quarter of record revenue and EPS.