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Lam Research stock rises after beat-and-raise quarter, just like ASML

Por: MarketWatch Business October 19, 2022

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Lam expects fiscal second-quarter adjusted earnings of $9.25 to $10.75 a share on sales of $4.8 billion to $5.4 billion. Analysts on average were projecting earnings of $9.09 a share on revenue of $4.81 billion for the the first quarter, according to FactSet. Lam Research Chief Executive Tim Archer told analysts on the conference call that the outlook includes new U.S.  that can be sold to China.  “I’ll remind you that we know how to... + full article



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