earnings
confidence high
sentiment positive
materiality 0.75
Lam Research June quarter revenue $3.87B, GAAP EPS $7.78; guides SepQ rev $4.05B
LAM RESEARCH CORP
2024-FY EPS reported
$29.00
revenue$14,905,386,000
- Revenue $3.87B (+2.1% QoQ, +20.7% YoY); GAAP EPS $7.78, non-GAAP EPS $8.14.
- GAAP gross margin 47.5% flat QoQ; operating margin 29.1% (+120bps QoQ).
- Cash & equivalents $5.9B; operating cash flow $862M; returned $635M via buybacks and dividends.
- Guides SepQ revenue $4.05B ±$300M, non-GAAP EPS $8.00 ±$0.75.
- China 39% of revenue; customer support revenue $1.70B, up from $1.50B YoY.