secwatch.observer — SEC 8-K summary
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Issuer:     LAM RESEARCH CORP (LRCX)
CIK:        0000707549
Form:       8-K
Filed at:   2021-10-20T23:59:59+00:00
Accession:  0000707549-21-000152
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lam Research Q1 FY2022 revenue $4.30B, GAAP EPS $8.27, guides Q2 rev ~$4.4B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/707549/000070754921000152/0000707549-21-000152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/707549/000070754921000152/lrcx-20211020.htm
  HTML page:      https://secwatch.observer/filing/0000707549-21-000152

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer