Lam Research Corporation Reports Financial Results for the Quarter Ended December 29, 2024

FREMONT, Calif., Jan. 29, 2025 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended December 29, 2024 (the "December 2024 quarter").Highlights for the December 2024 quarter were as follows: Revenue of $4.38 billion. U.S. GAAP gross margin of 47.4%, U.S. GAAP operating income as a percentage of revenue of 30.5%, and U.S. GAAP diluted EPS of $0.92. Non-GAAP gross margin of 47.5%, non-GAAP operating income as a percentage of rev ...