Benzinga | Jul 28, 2021 04:29PM EDT

Lam Research Q4 EPS $8.09 Beats $7.55 Estimate, Sales $4.14B Beat $4.01B Estimate

Lam Research (NASDAQ:LRCX) reported quarterly earnings of $8.09 per share which beat the analyst consensus estimate of $7.55 by 7.15 percent. This is a 69.25 percent increase over earnings of $4.78 per share from the same period last year. The company reported quarterly sales of $4.14 billion which beat the analyst consensus estimate of $4.01 billion by 3.37 percent. This is a 48.46 percent increase over sales of $2.79 billion the same period last year.