Lam Research Corporation Reports Financial Results for the Quarter Ended December 29, 2013

FREMONT, CA -- (Marketwired) -- Jan 29, 2014 -- Lam Research Corp. (NASDAQ: LRCX) today announced financial results for the quarter ended December 29, 2013.

Highlights for the December 2013 quarter were as follows:

  • Shipments of $1,139 million, up 15% from the prior quarter
  • Revenue of $1,116 million, up 10% from the prior quarter
  • GAAP gross margin of 43.7%, GAAP operating margin of 14.7% and GAAP diluted EPS of $0.87
  • Non-GAAP gross margin of 45.8%, non-GAAP operating margin of 18.7%, and non-GAAP diluted EPS of $1.10

                                                                            
                         Lam Research Corporation                           
    Financial Highlights for the Quarters Ended December 29, 2013 and       
                            September 29, 2013                              
          (in thousands, except per share data and percentages)             
                                                                            
                                U.S. GAAP                                   
-------------------------------------------------------------------------   
                           December 2013   September 2013    Change Q/Q     
                          --------------  ---------------  --------------   
                                                                            
Revenue                   $    1,116,061  $     1,015,059             +10%  
Gross margin as                                                             
 percentage of revenue              43.7%            42.5%           +120bps
Operating margin as                                                         
 percentage of revenue              14.7%            10.4%           +430bps
Diluted EPS               $         0.87  $          0.50             +74%  
                                                                            
                                 Non-GAAP                                   
-------------------------------------------------------------------------   
                           December 2013   September 2013    Change Q/Q     
                          --------------  ---------------  --------------   
                                                                            
Revenue                   $    1,116,061  $     1,015,059             +10%  
Gross margin as                                                             
 percentage of revenue              45.8%            45.0%            +80bps
Operating margin as                                                         
 percentage of revenue              18.7%            16.2%                  +250bps
Diluted  EPS                              $                  1.10    $                    0.81                          +36%    
                                                                                                                                                        
 

1 | 2 | 3 | 4  Next Page »



Review Article Be the first to review this article
DAC 2020

 True Circuits: Ultra PLL

Featured Video
Latest Blog Posts
Modesto (Mo) CasasGlobal Business in EDA
by Modesto (Mo) Casas
The Contingent Purchase Order Reassures Buyer and Seller
Bob Smith, Executive DirectorBridging the Frontier
by Bob Smith, Executive Director
Meet the New Cylynt, Fighting Software Piracy Around the Globe
Anupam BakshiAgnisys Automation Review
by Anupam Bakshi
Smart Assembly of SoC Designs
Jobs
Digital Design ASIC Manager for EDA Careers at RTP, North Carolina
Senior Analog Design Engineers #5337 for EDA Careers at EAST COAST, California
Senior Physical Design/Layout Engineer for EDA Careers at EAST COAST, California
Senior Application Engineer Formal Verification for EDA Careers at San Jose and Austin, California
Upcoming Events
57th Design Automation Conference 2020 at San Francisco CA - Jul 19 - 23, 2020
SEMICON West 2020 - Virtual Event at - Jul 20 - 23, 2020
Semicon Southeast Asia 2020 at MITEC Kuala Lumpur Malaysia - Aug 11 - 13, 2020
Drive World Conference & Expo at Santa Clara Convention Center Santa Clara CA - Aug 11 - 13, 2020



© 2020 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise