trending Market Intelligence /marketintelligence/en/news-insights/trending/4_wxkg4gidwpmsqofar2dq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Lam Research quarterly net income declines on weaker revenue

Gold RRS 2020 — Top Gold Producers' Reserves In Decline

Infrastructure Issues: Understanding and Mitigating Risks

Trade Payment Risk Is Not Necessarily Default Risk

COVID-19: How can we tell which Local Governments will be most impacted by the Pandemic?


Lam Research quarterly net income declines on weaker revenue

Lam Research Corp. booked net income of $533.4 million, or $3.23 per diluted share, for the quarter that ended Sept. 23, down from $590.7 million, or $3.21 per diluted share, in the same quarter of 2017.

The semiconductor processing systems manufacturer reported revenue of $2.33 billion in the quarter, from $2.48 billion in the prior-year period. The cost of goods sold came in at $1.27 billion, down from $1.33 billion.

Operating income also fell to $591.8 million, from $693.2 million in the prior-year quarter. Operating expenses came in at $466.5 million from $456.1 million.

Research and development expenses rose to $291.7 million from $275.1 million; selling, general and administrative expenses dropped to $174.8 million from $181 million.

For the December 2018 quarter, the company said it expects revenue on a U.S. GAAP basis of $2.5 billion, plus or minus $150 million, and net income per diluted share of $3.47, plus or minus 20 cents.