Lam Research Corporation announced earnings results for the second quarter ended December 23, 2018. For the second quarter, the company announced sales was USD 2,522.673 million compared to USD 2,580.815 million a year ago. Operating income was USD 690.379 million compared to USD 737.371 million a year ago. Net income was USD 568.855 million compared to net loss of USD 9.955 million a year ago. Basic earnings per share was USD 3.67 compared to basic loss per share of USD 0.06 a year ago. Diluted earnings per share was USD 3.51 compared to diluted loss per share of USD 0.06 a year ago. For the half year, sales was USD 4,853.364 million compared to USD 5,058.955 million a year ago. Operating income was USD 1,282.130 million compared to USD 1,430.593 million a year ago. Net income was USD 1,102.215 million compared to USD 580.735 million a year ago. Basic earnings per share was USD 7.1 compared to USD 3.59 a year ago. Diluted earnings per share was USD 6.73 compared to USD 3.16 a year ago.