Lam Research(US:LRCX)2025-04-24 00:35Financial Performance & Outlook - Lam Research's March quarter revenue reached $4.72 billion, surpassing the previous quarter's $4.38 billion[32] - The company's QMAR'25 earnings per share (non-GAAP) were $1.04, up from $0.91 in QDec'24[32] - Customer Support Business Group (CSBG) revenue for QMAR'25 was $1.68 billion, compared to $1.40 billion in QMar'24[40] - Lam Research anticipates June 2025 quarter revenue of $5.00 billion, with a potential variance of +/- $300 million[45] - The company projects a non-GAAP gross margin of 49.5% +/- 1% for the June 2025 quarter[45] - The non-GAAP earnings per share for the June 2025 quarter are projected at $1.20 +/- $0.10[46] Market & Strategy - The company estimates CY 2025 wafer fabrication equipment (WFE) spending to be in the ~$100 billion range[12] - Foundry accounted for 23% of system revenue in the March quarter[34] - Memory (DRAM and NVM) accounted for 43% + 20% = 63% of system revenue in the March quarter[34] - Taiwan and China each accounted for 24% + 31% = 55% of revenue by region[36]