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Colin R & D's second-quarter results beat expectations, raising current quarterly earnings estimates

Colin Research and Development (LRCX) reported fiscal second-quarter results that beat Wall Street expectations and provided a higher financial forecast for the current period。

科林研发第二财季业绩超预期,提高当前季度财测

Fremont, California-based wafer manufacturing equipment company Colin Research and Development (LRCX) reported fiscal second-quarter results that beat Wall Street expectations and provided a higher financial forecast for the current period.。Adjusted EPS for Colin R & D for the quarter ended January 24, 2024 was 7.$52, sales of 37.$600 million, both exceeding analyst expectations。However, on an annual basis, the company's earnings and sales fell by 30% and 29%, respectively.。

For the current quarter ended March 31, 2024, Colin R & D forecast adjusted EPS of 7.$25, sales of $3.7 billion, above analyst expectations。Colin R & D shares rose 1% to $857 in after-hours trading。Share prices up 2 in midday trading Wednesday.1%, closing at 848.16 dollars, up to 858 intraday.34美元。

In addition, Ava Hahn, Colin's former lead lawyer for R & D, has joined Ultramicro Semiconductor (AMD).。

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