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Non-Tech : Kirk's Market Thoughts

COHR 191.69

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3:59 PM EST

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To: Return to Sender who wrote (16966)	10/18/2023 7:27:50 PM
From: Kirk ©	Read Replies (1) of 26860

Have you figured out why Lam is down after hours after beating estimates for revenue and EPS Raising guidance (slightly....) for both Guided for higher revenue and EPS next quarter that would make three quarters of sequentially higher EPS and Revenue newsroom.lamresearch.com and from this summary seekingalpha.com Looking ahead, Lam Research expects second-quarter revenue to be $3.7B, plus or minus $300M, with gross margins between 45.5% and 47.5%. It also expects earnings per share to be $6.78 per share, plus or minus 75 cents. A consensus of analysts were anticipating earnings of $6.77 per share on $3.65B in revenue for the second-quarter. Yet it is down AH while Netflix is soaring. BTW, I believe your table has guidance "inline" while my reading from the SA article is they raised it.

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