Lam Research Corporation announced earnings results for the second quarter ended December 29, 2019. For the second quarter, the company announced sales was USD 2,583.501 million compared to USD 2,522.673 million a year ago. Operating income was USD 686.511 million compared to USD 690.379 million a year ago. Net income was USD 514.510 million compared to USD 568.855 million a year ago. Basic earnings per share was USD 3.57 compared to USD 3.67 a year ago. Diluted earnings per share was USD 3.43 compared to USD 3.51 a year ago. For the half year, sales was USD 4,749.247 million compared to USD 4,853.364 million a year ago. Operating income was USD 1,223.966 million compared to USD 1,282.130 million a year ago. Net income was USD 980.299 million compared to USD 1,102.215 million a year ago. Basic earnings per share was USD 6.79 compared to USD 7.1 a year ago. Diluted earnings per share was USD 6.52 compared to USD 6.73 a year ago.