Lam Research Corporation Bottom Line Climbs 26% In Q2

(RTTNews) - Lam Research Corporation (LRCX) announced earnings for its second quarter that advanced from last year.

The company said its bottom line rose to $222.98 million, or $1.28 per share. This was up from $176.94 million, or $1.00 per share, in last year's second quarter.

The company said revenue for the quarter rose 16.3% to $1.43 billion. This was up from $1.23 billion last year.

Lam Research Corporation earnings at a glance:

-Earnings (Q2): $222.98 Mln. vs. $176.94 Mln. last year. -Earnings Growth (Y-o-Y): 26.0% -EPS (Q2): $1.28 vs. $1.00 last year. -EPS Growth (Y-o-Y): 28.0% -Revenue (Q2): $1.43 Bln vs. $1.23 Bln last year. -Revenue Change (Y-o-Y): 16.3%