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Stock impact report

Lam Research: A Better Upcoming FYQ3 Than FYQ4 [Seeking Alpha]

Lam Research Corporation (LRCX) 
Last lam research corporation earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lamresearch.com
Company Research Source: Seeking Alpha
SummaryLam Research will announce earnings on April 22, and positive sector and customer earnings point to a positive FYQ3.Auto/consumer/handset sectors were weak in FYQ3, and only handsets will recover in CY2H 2020 with the re-ignition of 5G infrastructure.PC/Server/Communications sectors were strong in FYQ3 due to work/study stay-at-home, but will weaken in CY2H 2020.Lam Research (LRCXAMATcompeteBut first, with LRCX announcing shortly, I want to present my take on what I expect the company will announce in its FYQ3 call.LRCX Q3 PreviewThere are numerous factors that are critical to Lam’s results that will be announced on April 22. Of particular note is that on March 17, the company withdrew its prior financial guidance for the fiscal quarter ending March 29, 2020. I detailed my disagreement with its guidance in an April 8, 2020 article entitled “Applied Materials And Lam Research: Why I'm Lowering Revenue Growth For 2020In addition, following California's "shelter-in-place" order, Show less Read more
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