Lam Research slips despite beating expectations, providing solid guidance (NASDAQ:LRCX)
by Seeking Alpha
Seeking Alpha— Lam Research (NASDAQ:LRCX) posted stronger-than-expected financial results for the March quarter and solid guidance for the quarter in...
The Cerbat Gem—Lam Research (NASDAQ:LRCX) Releases Q4 Earnings Guidance. Lam Research (NASDAQ:LRCX – Get Free Report) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of $6.75-$8.25 for the period, compared to the consensus earnings per share estimate of $7.30. The company issued revenue guidance of $3.5-$4.1 billion, compared to the consensus revenue estimate […]
The Cerbat Gem—Lam Research Co. (NASDAQ:LRCX) Shares Sold by Cutter & CO Brokerage Inc.. Cutter & CO Brokerage Inc. lowered its holdings in Lam Research Co. (NASDAQ:LRCX – Free Report) by 7.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,747 shares of the semiconductor company’s stock after selling 223 shares during the quarter. Cutter & CO Brokerage Inc.’s holdings in Lam Research were worth $2,151,000 at the […]
Yahoo Finance—DraftKings (NASDAQ:DKNG) Beats Expectations in Strong Q1, Full-Year Sales Guidance Is Optimistic. Fantasy sports and betting company DraftKings (NASDAQ:DKNG) announced better-than-expected results in Q1 CY2024, with revenue up 52.7% year on year to $1.17 billion. The company's full-year revenue guidance of $4.9 billion at the midpoint also came in 1.7% above analysts' estimates. It made a non-GAAP profit of $0.03 per share, improving from its loss of $0.51 per share in the same quarter last year.