Key Developments For Lam Research Corporation
Lam Research Corporation (LRCX.O) (Nasdaq)
Lam Research Corporation Issues Q2 2010 Revenue Guidance Above Analysts' Estimates-Reuters
Reuters reported that Lam Research Corporation expects second-quarter 2009 revenue of $450 million, plus or minus $10 million, compared with analysts' estimate of $342.1 million.
Lam Research Corporation Issues Q1 2010 Guidance In Line With Analysts' Estimates-Conference Call
Lam Research Corporation announced that for first quarter of 2010, it expects revenue of around $290 million plus or minus $15 million, operating loss of $10 million plus or minus $7 million, at a loss per share of approximately negative $0.05 to negative $0.20 a share. According to Reuters Estimates, analysts were expecting the Company to report EPS of $(0.10), EBIT of $(14) million on revenue of $290 million for first quarter of 2010.
Lam Research Corporation Issues Q4 2009 Outlook In Line With Analysts' Estimates-Conference Call
Lam Research Corporation announced that for the fourth quarter of 2009 it expects revenues of between $180 and $210 million, operating loss of $60 million, plus or minus $10 million and a loss per share of $0.50, plus or minus $0.10. According to Reuters Estimates, analysts on an average are expecting the Company to report loss per share of $0.42 and operating loss of $62 million and revenue of $180 million for the same period.
Lam Research Corporation Issues Q3 2009 Guidance In Line Analysts' Estimates-Conference Call
Lam Research Corporation announced that for the third quarter of 2009, it expects revenues in the range of $175 million plus or minus $15 million, operating loss in the range of $70-$90 million, around the midpoint of the revenue guidance, with net income to be a loss in the range of $0.60-$0.80 per share. According to Reuters Estimates, analysts were expecting the Company to report revenue of $175 million, EBIT of $(79) million and EPS of $(0.61) for the third quarter of 2009.
Lam Research Corporation Lowers Q2 2009 Outlook
Lam Research Corporation updated its second quarter of 2009 outlook and expects revenue of $270-$285 million and loss per share of $0.04-$0.05. According to Reuters Estimates, analysts were expecting the Company to report revenues of $300 million and loss per share of $0.04 for the same period. The Company cited continued deterioration in semiconductor equipment market conditions as the primary reasons for negative outlook.
