Lam Research Corporation reported earnings results for the second quarter and six months ended December 26, 2021. For the second quarter, the company reported sales was USD 4,226.6 million compared to USD 3,456.24 million a year ago. Net income was USD 1,194.83 million compared to USD 869.23 million a year ago. Basic earnings per share from continuing operations was USD 8.5 compared to USD 6.04 a year ago. Diluted earnings per share from continuing operations was USD 8.44 compared to USD 5.96 a year ago.
For the six months, sales was USD 8,531.07 million compared to USD 6,633.32 million a year ago. Net income was USD 2,374.57 million compared to USD 1,692.68 million a year ago. Basic earnings per share from continuing operations was USD 16.82 compared to USD 11.71 a year ago. Diluted earnings per share from continuing operations was USD 16.71 compared to USD 11.55 a year ago.