Third quarter earnings surged for Lam Research Corp. (Nasdaq: LRCX) to 96 cents per diluted share from 11 cents per diluted share in the year ago period to beat analyst expectations and the company forecast current quarter earnings ahead of estimates. The stock price leaped $6.01 to close at $58.26.
Earnings Surge For Lam Research
April 24, 2014 at 17:35 PM EDT