Lam Research Q2 Earnings Surpass Expectations, Revenues Rise Y/Y

Key Takeaways LRCX posted Q2 non-GAAP EPS of $1.27, beating estimates by 8.5%, with earnings up 39.6% year over year.Lam Research's revenues climbed 22% Y/Y to $5.34B, driven by growth in Customer Support revenues.LRCX guided Q3 revenues of approximately $5.7B, with EPS projected at approximately $1.35.Lam Research (LRCX) reported second-quarter fiscal 2026 results, wherein both top and bottom lines surpassed the Zacks Consensus Estimate.LRCX reported second-quarter non-GAAP earnings of $1.27 per share, whi ...