Lam Research (NASDAQ:LRCX) reported quarterly earnings of $1.82 per share which beat the analyst consensus estimate of $1.68 by 8.33 percent. This is a 36.84 percent increase over earnings of $1.33 per share from the same period last year. The company reported quarterly sales of $6.722 billion which beat the analyst consensus estimate of $6.665 billion by 0.86 percent. This is a 29.99 percent increase over sales of $5.171 billion the same period last year.