Chip-Gear Maker Lam Research Beats Views, Stock Falls Late

Chip-gear maker Lam Research (LRCX) late Wednesday beat Wall Street's June-quarter sales and earnings targets and guided analysts higher for the September quarter. But Lam shares fell in extended trading.

Other chip-industry players reporting quarterly results Wednesday included fellow semiconductor-equipment supplier Teradyne (TER) and chipmakers Xilinx (XLNX) and Monolithic Power Systems (MPWR). Teradyne had yet to report.

Fremont, Calif.-based Lam earned an adjusted $3.11 a share on...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Lam Research [+]    LRCX [+]    Wall Street [+]    Lam [+]    Teradyne [+]    TER [+]    Xilinx [+]    XLNX [+]    Monolithic Power Systems [+]    MPWR [+]    Fremont [+]    Calif [+]   

More #news: