Lam Research 1Q Guidance Midpoint Tops Consensus
26 Julho 2023 - 6:09PM
Dow Jones News
By Paul Ziobro
Lam Research issued guidance ranges for its current quarter,
with the midpoint above Wall Street expectations.
The Fremont, Calif.-based company, which manufactures and
services equipment used to make semiconductors, on Wednesday said
it expects revenue between $3.1 billion and $3.7 billion for the
fiscal first quarter, which ends Sept. 24. Analysts recently polled
by FactSet had expected $3.3 billion.
Lam forecast adjusted per-share earnings between $5.30 and $6.80
for the same quarter. Analysts had forecast $5.56 a share.
The outlook comes after the company reported
better-than-expected results in its fiscal fourth quarter.
Write to Paul Ziobro at paul.ziobro@wsj.com
(END) Dow Jones Newswires
July 26, 2023 16:54 ET (20:54 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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