Lam Research (LRCX) Reports Q2 Earnings: What Key Metrics Have to Say

Lam Research (LRCX) reported $3.76 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 28.8$7.52 for the same period compares to $10.71 a year ago.The reported revenue represents a surprise of +1.30$3.71 billion. With the consensus EPS estimate being $7.06, the EPS surprise was +6.52%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...