Lam Research Corporation (LRCX) Q2 2023 Earnings Call Transcript

Jan. 25, 2023 9:32 PM ETLam Research Corporation (LRCX)
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Lam Research Corporation (NASDAQ:LRCX) Q2 2023 Earnings Conference Call January 25, 2023 5:00 PM ET

Company Participants

Tina Correia - Vice President, Investor Relations and Corporate Finance

Tim Archer - President and Chief Executive Officer

Doug Bettinger - Executive Vice President and Chief Financial Officer

Conference Call Participants

Harlan Sur - JPMorgan

Joe Moore - Morgan Stanley

Timothy Arcuri - UBS Securities

C.J. Muse - Evercore ISI

Krish Sankar - Cowen & Company

Stacy Rasgon - Bernstein Research

Toshiya Hari - Goldman Sachs

Vivek Arya - Bank of America Securities

Atif Malik - Citi

Blayne Curtis - Barclays

Joe Quatrochi - Wells Fargo


Good day and welcome to the Lam Research December 2022 Earnings Conference Call. Today’s conference is being recorded. At this time, I would like to turn the conference over to Tina Correia, Corporate VP of Investor Relations and Corporate Finance. Please go ahead.

Tina Correia

Thank you, operator, and good afternoon, everyone. Welcome to the Lam Research quarterly earnings conference call. With me today are Tim Archer, President and Chief Executive Officer; and Doug Bettinger, Executive Vice President and Chief Financial Officer.

During today’s call, we will share our overview on the business environment and we will review our financial results for the December 2022 quarter and our outlook for the March 2023 quarter. The press release detailing our financial results was distributed a little after 1:00 p.m. Pacific Time this afternoon. The release can also be found on the Investor Relations section of the company’s website, along with the presentation slides that accompany today’s call.

Today’s presentation and Q&A include forward-looking statements that are subject to risks and uncertainties reflected in the risk factors disclosed in our SEC public filings. Please see accompanying slides in the presentation for additional information. Today’s discussion of our financial results will

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