Lam Research Lifts First-Quarter Guidance, Posts Record $6.72 Billion Revenue on AI Demand
Lam Research reported record fourth-quarter revenue of $6.72 billion and adjusted earnings per share of $1.82, surpassing the $6.68 billion revenue and $1.70 earnings estimates. The semiconductor equipment maker cited sustained artificial intelligence chip demand as the primary driver behind the results.
The company lifted its first-quarter adjusted EPS guidance to $2.00 to $2.30, beating the $1.84 consensus, and raised its sales outlook. Customer support revenue expanded 43% to $2.47 billion, while systems sales fell short of the $4.43 billion forecast. Shares gained nearly 6% in after-hours trading.
From the sources (5 posts)
@alphasenseinc$LRCX Earnings: - Revenue of $6.72 billion. - U.S. GAAP gross margin as a percent of revenue of 51.7%, U.S. GAAP operating margin as a percent of revenue of 37.4%, and U.S. GAAP diluted EPS of $1.81. - Non-GAAP gross margin as a percent of
@trendspider$LRCX Q4 Earnings: Double Beat and Raise 🔥 Adj. EPS: $1.82 vs $1.68 est Sales: $6.772B vs $6.665B est Raised Q1 Adj EPS Guidance Raised Q1 Sales Guidance 🟩 +5.94%
@wallstengine$LRCX Q4’26 EARNINGS HIGHLIGHTS 🔹 Adj. EPS: $1.82 (Est. $1.70) 🟢 🔹 Revenue: $6.72B (Est. $6.68B) 🟢; +30% YoY 🔹 Adj. Gross Margin: 52% (Est. 50.5%) 🟢; vs. 50.3% y/y 🔹 Systems Revenue: $4.25B (Est. $4.43B) 🔴; +24% YoY 🔹 Customer Support-Rela
@firstsquawkLAM RESEARCH POSTED Q4 REVENUE OF $6.72 BLN VERSUS $6.68 BLN EXPECTED AND ADJUSTED EPS OF $1.82 VERSUS $1.70, AND SEES Q1 ADJUSTED EPS OF $2.00-$2.30 VERSUS $1.84 EXPECTED
@thetranscript_Lam Research CEO: "Lam delivered record revenue, operating margin and earnings per share in the June quarter as AI-driven demand continues to reshape the semiconductor industry" $LRCX: +5% AH