Lam Research ( NASDAQ:LRCX – Get Rating ) issued an update on its fourth quarter 2023 earnings guidance on Wednesday morning. The company provided EPS guidance of $4.25-$5.75 for the period, compared to the consensus EPS estimate of $5.63. The company issued revenue guidance of $2.80 billion-$3.40 billion, compared to the consensus revenue estimate of $3.47 billion. Lam Research also updated its Q4 guidance to $4.00-5.50 EPS. Lam Research Stock Down 0.9 % LRCX opened at $491.02 on Thursday.

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