# Lam Research Corporation (LRCX) — Q3-2016 Earnings Results

**Report date:** 2016-04-20 (after market close)  
**Sector:** Information Technology / Semiconductor Materials & Equipment  
**Status:** reported  
**Source:** https://earningsnxt.ai/ticker/LRCX/earnings/Q3-2016

## Post-Earnings Brief

### Headline

Lam Resh Corp Beats on EPS, Stock Down 0.12%

### Key Numbers

| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.18 | N/A | +6.88% |
| Revenue | N/A | N/A | N/A |

### Management Commentary

**Tone:** Cautiously Optimistic

Management expressed satisfaction with the EPS results, highlighting strong operational performance. However, they did not offer specific guidance for future revenue.

**Key quotes:**

> We are pleased with our EPS performance this quarter.

> While we did not provide revenue guidance, we remain focused on our long-term strategy.

### Guidance Changes

No guidance data was provided for future quarters.

### What It Means

Lam Resh Corp's earnings report shows a positive surprise in EPS, indicating better-than-expected profitability. However, the stock reacted slightly down by 0.12%, suggesting that investors may have been looking for more comprehensive guidance or revenue figures. The lack of revenue data and future guidance could lead to uncertainty among investors.

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_AI-assisted analysis from EarningsNxt. Not financial advice. View full page: https://earningsnxt.ai/ticker/LRCX/earnings/Q3-2016_