Lam Research Corporation Reports Financial Results for the Quarter Ended December 24, 2023

FREMONT, Calif., Jan. 24, 2024 /PRNewswire/ -- Lam Research Corporation (the "Company," "Lam," "Lam Research") today announced financial results for the quarter ended December 24, 2023 (the "December 2023 quarter"). Highlights for the December 2023 quarter were as follows: Revenue of $3.76 billion. U.S. GAAP gross margin of 46.8%, U.S. GAAP operating income as a percentage of revenue of 28.1%, and U.S. GAAP diluted EPS of$ 7.22. Non-GAAP gross margin of 47.6%, non-GAAP operating income as a percentage of r ...