Leroy Groffier(@LeroyGroffier):LRCX: Is the pain too raw, can we give it another chance so soon? Lam guided 3Q well above the Street on revenue and margins. Revenue was guided to $8.10 bn at the midpoint, which is well above GS at $7.32 bn and the Street at $7.13 bn. Operating margin was guided to 39.5%, well above GS at 37.0% and the Street at 37.1%. Non-GAAP EPS guidance of $2.00-$2.20 (midpoint of $2.15) was well above GS at $1.85 and the Street at $1.83.

2026.07.30 12:00

LRCX: Is the pain too raw, can we give it another chance so soon? Lam guided 3Q well above the Street on revenue and margins. Revenue was guided to $8.10 bn at the midpoint, which is well above GS at $7.32 bn and the Street at $7.13 bn. Operating margin was guided to 39.5%, well above GS at 37.0% and the Street at 37.1%. Non-GAAP EPS guidance of $2.00-$2.20 (midpoint of $2.15) was well above GS at $1.85 and the Street at $1.83.