Lam Research Corporation (LRCX) Q3 2025 Earnings Call Transcript

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Q3: 2025-04-23 Earnings Summary

Insights
EPS of $1.04 beats by $0.04
 | Revenue of $4.72B (24.43% Y/Y) beats by $79.90M

Lam Research Corporation (NASDAQ:LRCX) Q3 2025 Earnings Conference Call April 23, 2025 5:00 PM ET

Company Participants

Ram Ganesh - VP, IR
Timothy Archer - President and CEO
Douglas Bettinger - EVP and CFO

Conference Call Participants

C.J. Muse - Cantor Fitzgerald
Timothy Arcuri - UBS
Harlan Sur - JPMorgan
Stacy Rasgon - Bernstein Research
Krish Sankar - TD Cowen
Srinivas Pajjuri - Raymond James
Atif Malik - Citi
Vivek Arya - Bank of America Securities
Blayne Curtis - Jefferies
Mehdi Hosseini - SIG
Joe Moore - Morgan Stanley
Tom O'Malley - Barclays
Timm Schulze-Melander - Redburn Atlantic

Operator

Good afternoon, and welcome to the Lam Research March 2025 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation there will be an opportunity to ask questions. Please note, this event is being recorded.

I would now like to hand over to Ram Ganesh, Vice President, Investor Relations. Please go ahead.

Ram Ganesh

Thank you, 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'll review our financial results for the March 2025 quarter and our outlook for the June 2025 quarter. The press release detailing our financial results was distributed a little after 1:00 p.m. Pacific Time. The release can 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 the accompanying slides in the presentation for additional information.

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