Highlights for the December 2013 quarter were as follows:
- Shipments of $1,139 million, up 15% from the prior quarter
- Revenue of $1,116 million, up 10% from the prior quarter
- GAAP gross margin of 43.7%, GAAP operating margin of 14.7% and GAAP diluted EPS of $0.87
- Non-GAAP gross margin of 45.8%, non-GAAP operating margin of 18.7%, and non-GAAP diluted EPS of $1.10
Lam Research Corporation
Financial Highlights for the Quarters Ended December 29, 2013 and
September 29, 2013
(in thousands, except per share data and percentages)
U.S. GAAP
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December 2013 September 2013 Change Q/Q
-------------- --------------- --------------
Revenue $ 1,116,061 $ 1,015,059 +10%
Gross margin as
percentage of revenue 43.7% 42.5% +120bps
Operating margin as
percentage of revenue 14.7% 10.4% +430bps
Diluted EPS $ 0.87 $ 0.50 +74%
Non-GAAP
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December 2013 September 2013 Change Q/Q
-------------- --------------- --------------
Revenue $ 1,116,061 $ 1,015,059 +10%
Gross margin as
percentage of revenue 45.8% 45.0% +80bps
Operating margin as
percentage of revenue 18.7% 16.2% +250bps
Diluted EPS $ 1.10 $ 0.81 +36%
