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BUZZ-Lam Research rises on upbeat Q3 revenue forecast

ReutersJan 29, 2025 11:15 PM

Shares of chip-making equipment firm Lam Research LRCX.O rise 5% to $78.9 in extended trading

Co expects Q3 revenue to be $4.65 bln, plus or minus $300 mln vs analysts' estimate of $4.34 bln — LSEG

LRCX posts Q2 adj. EPS of 91 cents vs analysts' estimate of 88 cents

Reports Q2 revenue of $4.38 bln, beating analysts' estimates of $4.31 bln

Up to last close, LRCX stock had fallen 11% in the past 12 months

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