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Lam Research Corp. LRCX reported its second-quarter financial results after Wednesday's closing bell. Here's a look at the key <a href="https://www.benzinga.com/pressreleases/25/01/n43318722/lam-research-corporation-reports-financial-results-for-the-quarter-ended-december-29-2024">figures from the quarter. </a>



The Details: Lam Research reported quarterly earnings of 92 cents per share, which beat the analyst consensus estimate of 88 cents. Quarterly revenue came in at $4.38 billion, which beat the analyst consensus estimate of $4.31 billion and is an increase over revenue of $3.75 billion from the same period last year.



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&#8220;Lam is executing at a high level at a pivotal moment for semiconductor manufacturing. Increasing demands on chip performance play into Lam&#8217;s strengths, with advanced deposition and etch applications set to comprise a growing share of WFE,&#8221; said Tim Archer, Lam Research&#8217;s president and CEO. 



Outlook:&nbsp;Lam Research sees third-quarter revenue of $4.65 billion, plus or minus $300 million, versus the $4.33 billion estimate. The company expects adjusted earnings of $1.00 per share, plus or minus 10 cents, versus the 88 cent estimate. 



LRCX Price Action: According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Lam Research shares are up 5.47% after-hours at $79.26 Wednesday.  



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Lam Research reports its second-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the quarter. 

Lam Research Shares Climb After Solid Q2 Report, Q3 Guidance Above Estimates - Lam Research (NASDAQ:LRCX)

Erica Kollmann

Lam Research

Lam Research reports its second-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the quarter. 

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