Lam Research Stock Climbs After Better-Than-Expected Q1 Results: Details

Lam Research Corporation (NASDAQ:LRCX) reported its first-quarter results after Wednesday's closing bell. Here's a look at the details from the report.  

The Details: Lam Research reported quarterly earnings of 86 cents per share, which beat the analyst consensus estimate of 80 cents. Quarterly revenue came in at $4.17 billion, which beat the analyst consensus estimate of $4.051 billion and is an increase over sales of $3.482 billion from the same period last year.

The company ...