Lam Research Q2 Earnings Beat: Can Strong Guidance Lift the Stock?

Lam Research (LRCX) reported second-quarter fiscal 2025 results, wherein both top and bottom lines surpassed the Zacks Consensus Estimate.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.LRCX reported second-quarter fiscal 2025 non-GAAP earnings of 91 cents per share, which beat the Zacks Consensus Estimate by 4.6%. The bottom line increased 7% on a year-over-year basis, primarily driven by higher revenues due to robust demand in DRAM and Foundry Logic and disciplined cost and operatio ...