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Lam Research Corporation  (LRCX)
 

Strong results by the during the financial interval closing Sep 25 2022

LRCX delivered first quarter of 2023 operating profit of $1697.84 millions


Published Oct 26 2022
CSIMarket Team / CSIMarket.com


afterburner_inspection_machinery_sailor_navy_jet_plane_airplane_engine-1228994 the company had notable first quarter of 2023 financial report, where earnings per share advanced by 25.63 % to $10.39 per share, followed by Revenue growth of 17.88 % to $5.07 billions, compared with the prior year period.

Income per share surged from the prior reporting period by 18.87 % from $8.74 per share, Revenues advanced by 9.461 % from $4.64 billions.


Net income of $1,425.879 millions in the July to September 25 2022 span increased by 20.86 % from net earnings of $1,179.744 millions reported in the July to September 25 2022 span a year ago. Lam Research Corporation also emphasized it's improving profit margins, where net margin rose to 28.1% in July to September 25 2022 span, and operating margin edged up to 33.46%.
Operating earnings, however, rose 23.73% to $1697.84 millions.

Lam Research Corporation is expected to report next financial results on April 25, 2023.



Lam Research's Operating Margin

Lam Research's Revenue per Employee



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