Lam Research (NASDAQ:LRCX) reported its Q3 earnings results on Wednesday, April 20, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Lam Research missed estimated earnings by 2.37%, reporting an EPS of $7.4 versus an estimate of $7.58.
Revenue was up $212.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 6.93% drop in the share price the next day.
Here's a look at Lam Research's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 8.51 | 8.21 | 7.55 | 6.60 |
| EPS Actual | 8.53 | 8.36 | 8.09 | 7.49 |
| Revenue Estimate | 4.41B | 4.32B | 4.01B | 3.69B |
| Revenue Actual | 4.23B | 4.30B | 4.14B | 3.85B |
To track all earnings releases for Lam Research visit their earnings calendar here..
This article was generated by Benzinga's automated content engine and reviewed by an editor.
