secwatch.observer — SEC 8-K summary
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Issuer:     LAM RESEARCH CORP (LRCX)
CIK:        0000707549
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0000707549-24-000125
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lam Research Q1 revenue $4.17B; GAAP EPS $0.86, ahead of expectations
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- Revenue $4.17B, +8% QoQ; GAAP diluted EPS $0.86 (+10% QoQ); non-GAAP EPS $0.86 (+6% QoQ).
- GAAP gross margin 48.0%; operating margin 30.3%.
- Deferred revenue rose to $2.05B from $1.55B; Japan shipments in inventory ~$184M.
- Q4 guidance: revenue ~$4.3B ±$300M; non-GAAP EPS ~$0.87 ±$0.10.
- China was 37% of revenue; CEO cites strong execution and positioning for 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/707549/000070754924000125/0000707549-24-000125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/707549/000070754924000125/lrcx-20241023.htm
  HTML page:      https://secwatch.observer/filing/0000707549-24-000125

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