Lam Research Beats Earnings Estimates with Strong Second Quarter Performance
Lam Research, a leading semiconductor equipment manufacturer, has exceeded expectations with its second-quarter earnings. The company reported an earnings per share (EPS) of $7.52, surpassing the analyst estimate of $7.07. Moreover, Lam Research’s revenue for the quarter came in at $3.76 billion, exceeding the consensus estimate of $3.7 billion.
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