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Technology Stocks : Semi Equipment Analysis

SOXX 309.36

+2.2%

Dec 3 4:00 PM EST

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The Ox

To: Return to Sender who wrote (90044)	4/19/2023 9:44:10 PM
From: Return to Sender	1 Recommendation Read Replies (1) of 95520

Lam Research beats by $0.46, reports revs in-line; guides JunQ EPS below consensus, revs below consensus 4:08 PM ET 4/19/23 \| Briefing.com Reports Q3 (Mar) earnings of $6.99 per share, excluding non-recurring items, $0.46 better than the S&P Capital IQ Consensus of $6.53; revenues fell 4.7% year/year to $3.87 bln vs the $3.85 bln S&P Capital IQ Consensus. Co issues downside guidance for Q4 (Jun), sees EPS of $4.00-5.50, excluding non-recurring items, vs. $5.62 S&P Capital IQ Consensus; sees Q4 revs of $2.8-3.4 bln vs. $3.48 bln S&P Capital IQ Consensus.Co added, "With lower wafer fabrication equipment spending in 2023, we are focused on managing costs while making strategic investments for critical manufacturing inflections."

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