CORRECTION: Lam Research Sees Q2 Adj. EPS $0.87 ± $0.10; Sees Q2 Revenue $4.3B ± $300M
Portfolio Pulse from Benzinga Newsdesk
Lam Research has updated its guidance for Q2, expecting adjusted EPS of $0.87 ± $0.10 and revenue of $4.3 billion ± $300 million.
October 23, 2024 | 8:29 pm
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Lam Research has provided updated guidance for Q2, projecting adjusted EPS of $0.87 ± $0.10 and revenue of $4.3 billion ± $300 million. This update may influence investor expectations and stock performance.
The updated guidance provides specific financial expectations for Q2, which can influence investor sentiment and stock price. However, the impact is neutral as the guidance does not indicate a significant deviation from market expectations.
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