Huo Xing Finance reports that on July 30, semiconductor equipment manufacturer Lam Research (LRCX) released its latest earnings report, posting fourth-quarter fiscal year 2026 earnings per share (EPS) of $1.82, exceeding the market expectation of $1.69; revenue reached $6.72 billion, also surpassing the market forecast of $6.66 billion. The company also provided guidance for the first quarter of fiscal year 2027, projecting EPS between $2.00 and $2.30, above the market expectation of $1.81; and revenue between $7.7 billion and $8.5 billion, higher than the market expectation of $7.0 billion. Lam Research stated that ongoing growth in AI data center construction, demand for memory chips, and semiconductor capital expenditures remain the core drivers of its business growth. Influenced by these results and guidance, the company’s latest quarterly performance overall exceeded market expectations. As of the time of this report, Lam Research’s shares rose 6.58% in after-hours trading.
LRCX After-Hours Rises 6.58% as Earnings and Guidance Exceed Expectations
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Summary
Lam Research (LRCX) shares rose 6.58% in after-hours trading after the company exceeded Q4 2026 earnings and revenue estimates. Earnings came in at $1.82 per share, above the $1.69 forecast, while revenue reached $6.72 billion, surpassing the $6.66 billion expectation. For Q1 2027, the company projected EPS of $2.00 to $2.30 and revenue of $7.7 to $8.5 billion. Strong demand from AI data centers and storage chips drove the results. With the Fear & Greed Index indicating rising bullish sentiment, altcoins to watch may also benefit from broader market optimism.
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