secwatch.observer — SEC 8-K summary
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Issuer:     LAM RESEARCH CORP (LRCX)
CIK:        0000707549
Form:       8-K
Filed at:   2022-10-19T23:59:59+00:00
Accession:  0000707549-22-000119
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lam Research reports Q1 FY2023 revenue $5.07B, GAAP EPS $10.39, record quarter
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- Revenue of $5.07B, up 9.5% QoQ; GAAP diluted EPS $10.39 vs $8.74 prior quarter.
- Non-GAAP diluted EPS $10.42, gross margin 46.0%, operating margin 33.3%.
- Record revenue driven by easing supply chain conditions and solid execution.
- Guidance for Dec 2022 quarter: revenue ~$5.1B ±$300M, non-GAAP EPS ~$10.00 ±$0.75.
- Cash and investments increased to $4.6B; operating cash flow $1.19B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/707549/000070754922000119/0000707549-22-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/707549/000070754922000119/lrcx-20221019.htm
  HTML page:      https://secwatch.observer/filing/0000707549-22-000119

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