Lam Research Corporation (LRCX) Q2 2018 Earnings Results

Lam Resh Corp Beats on EPS, Stock Down 2.48%

Lam Resh Corp reported a strong earnings surprise on EPS, which indicates better-than-expected profitability. However, the stock fell by 2.48%, likely due to the absence of revenue figures and guidance, leaving investors uncertain about future performance. The market reaction suggests that while the EPS beat is positive, concerns about supply chain issues may be weighing on investor sentiment.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$4.34	N/A	+15.84%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Cautiously Optimistic

Management expressed confidence in the company's position within the market, despite some ongoing supply chain issues. They emphasized the importance of adapting to industry demands.

Management highlighted strong demand in the semiconductor industry.

They noted ongoing challenges with supply chain disruptions.

Future investments are planned to enhance production capabilities.

Lam Resh Corp Beats on EPS, Stock Down 2.48%

Key numbers

Management commentary

Lam Research Corporation

More earnings this week

Lam Resh Corp Beats on EPS, Stock Down 2.48%

Key numbers

Management commentary