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Lam Research Reports $1.2 Billion Quarterly Profit

By USinMinutes - Jan 29, 2025, 04:08 PM ET
Last Updated - Jan 29, 2025, 10:33 PM EST
Lam Research Reports $1.2 Billion Quarterly Profit

The company records $4.4 billion revenue for Q2 ended Dec 29, 2024

LAM RESEARCH CORP [LRCX] reported $1.2 billion profit   for Q2 ended Dec 29, 2024, showing an increase of $74.6 million.

The company revealed in its 8-K filing to the SEC dated Jan 29, 2025 that it generated revenue of $4.4 billion   for the period, showing an increase of $208.1 million from the last quarter.

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Based in Fremont, California, the company reported $0.9   earnings per share for the period, compared to $0.9 in the last quarter.

The company's profit increased by 6.2% from $1.1 billion in the last quarter.

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