# Lam Research Corporation (LRCX) — Q1-2022 Earnings Results

**Report date:** 2021-10-20 (after market close)  
**Sector:** Information Technology / Semiconductor Materials & Equipment  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/LRCX/earnings/Q1-2022

## Post-Earnings Brief

### Headline

Lam Research Corporation Beats on EPS, Stock Down 0.93%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $8.36 | N/A | +2.78% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Unknown

No transcript is on record, and the analysis is based on numerical results only.

### Guidance Changes

No guidance data is available.

### What It Means

Lam Research reported better-than-expected earnings per share, which indicates strong profitability. However, the stock fell by 0.93% in reaction to the earnings report, suggesting that investors may have been looking for more comprehensive guidance or revenue details.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/LRCX/earnings/Q1-2022_