Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $75.60 USD
Change Today -1.29 / -1.68%
Volume 1.7M
LRCX On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

lam research corp (LRCX) Key Developments

Lam Research Corp. Announces Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended March 29, 2015; Provides Earnings Guidance for the Quarter Ending June 28, 2015

Lam Research Corp. announced unaudited consolidated financial results for the third quarter and nine months ended March 29, 2015. For the quarter, the company reported revenue of $1,393,333,000 against $1,227,392,000 a year ago. Operating income was $239,965,000 against $191,937,000 a year ago. Income before income taxes was $228,576,000 against $182,082,000 a year ago. Net income was $206,285,000 against $164,396,000 a year ago. Diluted net income per share was $1.16 against $0.96 a year ago. Net cash provided by operating activities was $191,037,000 against $290,210,000 a year ago. Capital expenditures and intangible assets was $31,898,000 against $41,638,000 a year ago. Non-GAAP revenue was $1,393,333,000. Non-GAAP operating income was $277,147,000. Non-GAAP net income was $244,911,000 and non-GAAP diluted net income per share was $1.40. For the nine months, the company reported revenue of $3,777,942,000 against $3,358,512,000 a year ago. Operating income was $597,004,000 against $461,819,000 a year ago. Income before income taxes was $570,168,000 against $433,865,000 a year ago. Net income was $524,306,000 against $398,894,000 a year ago. Diluted net income per share was $2.96 against $2.33 a year ago. Net cash provided by operating activities was $493,437,000 against $471,158,000 a year ago. Capital expenditures and intangible assets was $135,132,000 against $103,739,000 a year ago. The company provided guidance for the quarter ending June 28, 2015. For the quarter, on GAAP basis the company expects revenue of $1.46 billion plus or minus $50 million and earnings per share of $1.21 plus or minus $0.07. Expected for gross margin is 44.1% plus or minus 1%. Operating margins expected to be 18.5% plus or minus 1%. The company expects shipments of $1.60 million plus or minus $50 million. On non-GAAP basis, the company expects revenue of $1.46 billion plus or minus $50 million and earnings per share of $1.46 plus or minus $0.07. Expected for gross margin is 45.5% plus or minus 1%. Operating margins expected to be 21.0% plus or minus 1%. The company expects shipments of $1.60 million plus or minus $50 million.

Lam Research Corporation to Report Q3, 2015 Results on Apr 20, 2015

Lam Research Corporation announced that they will report Q3, 2015 results on Apr 20, 2015

Lam Research Corporation, Q3 2015 Earnings Call, Apr 20, 2015

Lam Research Corporation, Q3 2015 Earnings Call, Apr 20, 2015

Lam Research Corporation Prices $1.0 Billion Senior Notes Offering

Lam Research Corporation announced the pricing of $500 million aggregate principal amount of its 2.750% Senior Notes due 2020 and $500 million aggregate principal amount of its 3.800% Senior Notes due 2025. The offering is expected to close on March 12, 2015, subject to customary closing conditions. The 2020 Notes will mature on March 15, 2020 and bear interest at an annual rate of 2.750%, and the 2025 Notes will mature on March 15, 2025 and bear interest at an annual rate of 3.800%. Lam Research intends to use the net proceeds from the sale of the Notes for general corporate purposes, including working capital and capital expenditures. The company may also use a portion of the net proceeds for repayment of indebtedness, to acquire other businesses, products or technologies, or to repurchase shares of common stock under its stock repurchase program.

Lam Research Corp Mulls Acquisitions

Lam Research Corporation (NasdaqGS:LRCX) has announced the pricing of $1.0 billion Senior Notes Offering. Lam Research intends to use the net proceeds from the sale of the Notes for general corporate purposes, including working capital and capital expenditures. The company may also use a portion of the net proceeds for repayment of indebtedness, to acquire other businesses, products or technologies, or to repurchase shares of common stock under its stock repurchase program.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LRCX:US $75.60 USD -1.29

LRCX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
KLA-Tencor Corp $58.49 USD -1.79
OC Oerlikon Corp AG SFr.12.35 CHF 0.00
Taiyo Nippon Sanso Corp ¥1,513 JPY -38.00
Tokyo Electron Ltd ¥6,590 JPY -10.00
Yaskawa Electric Corp ¥1,620 JPY -40.00
View Industry Companies
 

Industry Analysis

LRCX

Industry Average

Valuation LRCX Industry Range
Price/Earnings 18.3x
Price/Sales 2.4x
Price/Book 2.4x
Price/Cash Flow 16.1x
TEV/Sales 1.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LAM RESEARCH CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.