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Lam Research Corp. (NASDAQ:LRCX) reported third-quarter results after Wednesday’s closing bell, beating analyst estimates on the top and bottom lines.
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Q3 Details
Lam Research reported quarterly earnings of $1.47 per share, which beat the Street consensus estimate of $1.36 by 8.09%, according to Benzinga Pro data.
Quarterly revenue clocked in at $5.84 billion, which beat the analyst estimate of $5.78 billion and was up from $4.72 billion in the same period last year.
“Lam delivered record revenue and EPS in the …
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