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StocksMediumUpdated×2•Originally published 21 October 2026•Updated 22 October 2026•
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Lam Research Shares Fall 6.8% Following Q3 Results and Forward Guidance

Key Facts

1Lam Research Corporation announced financial results for the quarter ended September 27, 2026.
2Accuray Incorporated scheduled its first quarter fiscal 2027 financial results for November 4, 2026.
3Sera Prognostics announced it will report third quarter fiscal 2026 financial results on November 4, 2026.

Lam Research shares fell 6.8% in after-hours trading following the company's outlook projecting $8.6 billion in revenue and $2.33 in adjusted earnings per share for the next quarter. The company announced in a statement via PR Newswire that it earned a net income of $2.75 billion, or $2.19 per diluted share, for the quarter ended September 27, 2026.

LRCX closed at $263.45 on October 20, 2026, prior to the results which showed third-quarter revenue reached $8.22 billion with a gross margin of 52.3%. In related market activity, Accuray closed at $0.142 and Sera Prognostics closed at $2.03 on October 20, 2026, as both firms prepare to report their financial results on November 4, 2026.

Latest Updates · 1

  1. Notable·

    Update: Lam Research warned that revenue contribution from China is expected to decrease in the coming quarter. The company also noted that certain shipments will be delayed due to ongoing supply chain constraints, impacting its forward guidance.

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