Lam Research (NASDAQ:LRCX) reported quarterly earnings of $1.33 per share which beat the analyst consensus estimate of $1.20 by 10.47 percent. This is a 63.39 percent increase over earnings of $0.81 per share from the same period last year. The company reported quarterly sales of $5.171 billion which beat the analyst consensus estimate of $4.997 billion by 3.48 percent. This is a 33.55 percent increase over sales of $3.872 billion the same period last year.