Lam Research/Applied Materials Reports Fiscal Q3 Revenue of $5.84 Billion, Analysts Expected $5.75 Billion

Adjusted EPS for the third fiscal quarter is $1.47 per share, while analysts expected $1.37. The company expects fourth quarter revenue to be between $6.2 billion and $7.0 billion, with analysts projecting $6.04 billion. Fourth quarter adjusted EPS is expected to be $1.50–$1.80, compared to analysts' expectations of $1.45.