Lam Research (NASDAQ:LRCX) reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $0.98 by 6.12 percent. This is a 33.5 percent increase over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $4.72 billion which beat the analyst consensus estimate of $4.59 billion by 2.75 percent. This is a 24.41 percent increase over sales of $3.79 billion the same period last year.