Revenue +61% YoY to $4.15B, beating analyst estimates by $120M
Adjusted earnings per share of $8.09 topped estimates by $0.47.
Adjusted gross margin was 46.5% (46.6% consensus)
Operating margin was 32.6%.
Capital expenditures were up from $50.6M in last year's quarter to $104.6M as companies move to build capacity
“Lam continued its record performance in the June quarter, capping a fiscal 2021 with more than 45% revenue growth and an increase of over 70% in earnings per share,” says Lam Research President and CEO Tim Archer. “The combination of strong semiconductor demand and rising device complexity is driving higher levels of wafer fabrication equipment investment. Our technology differentiation and deep collaboration with customers position Lam to extend our leadership across all market segments.”
For FQ1, Lam guides for revenue of $4.3B plus or minus $250M and adjusted earnings per share $8.10 plus or minus $0.50. Analysts expected Lam to guide for $4.16B in sales and $7.68 EPS.
Arsene永遠都存在
2021-7-30 21:55:58
反而KLAC +10%
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Total revenues were $1.93 billion, GAAP diluted EPS attributable to KLA was $4.10 and non-GAAP diluted EPS attributable to KLA was $4.43, each finishing above the mid-point of guidance ranges
- Cash flow from operations for the quarter and fiscal year was $465.6 million and $2.19 billion and free cash flow was $410.2 million and $1.95 billion, respectively;
- Capital return for the quarter and fiscal year was $439.1 million and $1.50 billion, respectively;
- KLA's Board of Directors approved a 17% increase in the quarterly dividend level to $1.05 per share and approved $2 billion for additional share repurchases.
First Quarter Fiscal 2022 Guidance
The following details our guidance for the first quarter of fiscal 2022 ending in September:
Total revenue between $1,920 million to $2,120 million
GAAP gross margin is expected to be in a range of 59.4% to 61.5%
Non-GAAP gross margin is expected to be in a range of 61.5% to 63.5%
GAAP diluted EPS attributable to KLA is expected to be in a range of $3.76 to $4.64
Non-GAAP diluted EPS attributable to KLA is expected to be in a range of $4.01 to $4.89
PlataleaMinor
2021-8-2 22:30:58
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Arsene永遠都存在
2021-8-2 23:58:03
訓過龍 ON勁到癲
ON Semiconductor (NASDAQ
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N): Q2 Non-GAAP EPS of $0.63 beats by $0.14; GAAP EPS of $0.42 beats by $0.07.
Revenue of $1.67B (+38.0% Y/Y) beats by $50M.
Adjusted gross margin was 38.4% v. consensus of 36.8%.
Fears for Chinese Semiconductor Capital Equipment and Chemical Supply Chain Are Overblown | Cautionary Tale On Trusting Industry Analysts
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According to data from mainland experts, the total market cap of China’s A-shares and photoresist-related companies has reached nearly $88B. China’s photoresist is entirely imported. For reference, the two Japanese firms that dominate this market and are valued at roughly $10B. The two firms, JSR Corporation (4185) and Tokyo Ohka Kogyo (TOK) (4186) control roughly 75% of the photo-resist market as well as a wide array of other chemical related businesses. SK Materials, a South Korean firm, is also entering the photoresist market. This is because of a trade spat between Japan and South Korea that involved the weaponization of the Japanese dominance in this sector.
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The battle started with Chen Hang talking up Chinese photoresist, but Yang quickly put him down by correctly stating it is unusable. Given he is the subject matter expert, we are going to side with him. It got pretty heated with statements such as “How old are you?”, “You know too little", and "You go and ask all the domestic lithography workers, I dare not say that" being thrown around.