# Lam Research Corporation (LRCX) — Q1-2009 Earnings Results

**Report date:** 2008-10-22 (after market close)  
**Sector:** Information Technology / Semiconductor Materials & Equipment  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/LRCX/earnings/Q1-2009

## Post-Earnings Brief

### Headline

Lam Resh Corp Misses on EPS, Stock Down 7.6%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $0.26 | N/A | -15.03% |

### Management Commentary

**Tone:** Defensive

Management conveyed a cautious outlook, highlighting ongoing challenges in the market. They did not provide specific guidance for future quarters.

**Key quotes:**

> Management expressed concerns about market conditions affecting demand.

> They noted challenges in the semiconductor industry impacting performance.

### Guidance Changes

No forward guidance was provided during the earnings call.

### What It Means

The earnings report indicates that Lam Resh Corp is facing challenges, particularly in demand within the semiconductor industry. The stock fell by 7.6% following the announcement, reflecting investor concerns about the company's performance and market conditions. Without guidance, uncertainty remains about the company's future outlook.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/LRCX/earnings/Q1-2009_