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Lam Research Q1 FY2027 · Story

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LRCXQ1 FY20271/4

Estimate vs Actual

Earnings per Share

Estimate
$2.22
Actual
$2.20

−1.0% vs Estimate

Revenue

Estimate
$8.32 B
Actual
$8.22 B

−1.2% vs Estimate

LRCXQ1 FY20272/4

Guidance

Revenue

Company Guidance
8.2 – 9.0 billion
Market Estimate
8.54 billion

In Line ✓

Adjusted EPS

Company Guidance
2.18 – 2.48 $
Market Estimate
2.32 $

In Line ✓

Gross Margin

Company Guidance
51.5% – 53.5%

Flat

LRCXQ1 FY20273/4

In 30 Seconds

Revenue rose 54.4% year over year to $8.22B, but beat the market expectation by only 1.0%.

  • The adjusted gross margin hit a record 52.4%, and December-quarter guidance of $8.60B is in line with estimates.
  • The stock fell about 6% after hours as the size of the beat narrowed; the call's 2027 signal did not reverse the loss.

First point of the analysis's “In 30 Seconds”.

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