secwatch.observer — SEC 8-K summary
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Issuer:     LAM RESEARCH CORP (LRCX)
CIK:        0000707549
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000707549-24-000099
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lam Research June quarter revenue $3.87B, GAAP EPS $7.78; guides SepQ rev $4.05B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/707549/000070754924000099/0000707549-24-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/707549/000070754924000099/lrcx-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000707549-24-000099

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