Lam Research Q4 2021 Earnings Report
Key Takeaways
Lam Research reported strong performance for the June quarter, with revenue of $4.15 billion and U.S. GAAP diluted EPS of $7.98. The company's technology differentiation and deep collaboration with customers position Lam to extend its leadership across all market segments.
Revenue of $4.15 billion.
U.S. GAAP gross margin of 46.2%, U.S. GAAP operating income as a percentage of revenue of 31.7%, and U.S. GAAP diluted EPS of $7.98.
Non-GAAP gross margin of 46.5%, non-GAAP operating income as a percentage of revenue of 32.6%, and non-GAAP diluted EPS of $8.09.
Cash and cash equivalents, short-term investments, and restricted cash and investments balances remained flat at $6.0 billion.
Lam Research
Lam Research
Forward Guidance
For the quarter ended September 26, 2021, Lam is providing the following guidance: Revenue $4.3 Billion+/-$250 Million, Gross margin as a percentage of revenue 46.0%+/-1%, Operating income as a percentage of revenue 31.7%+/-1%, Net income per diluted share $8.02+/-$0.50, Diluted share count 143 Million.