Lam Research Corp (LRCX) reported Q1 2026 earnings of $1.26 per share, surpassing Wall Street's expectation of $1.25. Revenue matched estimates at $5.3 billion, indicating steady performance in the semiconductor sector.
The company, headquartered in Fremont, California, specializes in semiconductor processing equipment and employs approximately 19,000 people. Its products support the fabrication of integrated circuits used in various electronic devices, including mobile phones and servers.
Lam Research will host an earnings conference call after market close to discuss these results and provide further insights into business performance.
Investors may want to review the full earnings release for additional context. Upcoming earnings are scheduled for April 20, 2026, with an EPS estimate of $1.2014 and revenue expected at $5.4 billion.