Lam Research Rises: FYQ4 Beats, Q1 View Crushes Consensus

Tech Trader Daily
By Tiernan RayJul 29, 2015, 4:24 pm167 pts
Shares of chip equipment vendor Lam Research (LRCX) are higher by $1.74, or 2%, at $79.41, in late trading, after the company this afternoon reported fiscal Q4 results that beat analysts’ expectations, and forecast this quarter’s revenue and profit much higher. Revenue in the three months ended in June…

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