Lam Research Corporation ( LRCX)

Q4 2010 Earnings Call

January 26, 2011 5:00 pm ET


Shanye Hudson - Investor Relations

Steve Newberry - Chief Executive Officer
Ernest Maddock - Chief Financial Officer


C.J. Muse - Barclays Capital
Satya Kumar - Credit Suisse
Patrick Ho - Stifel Nicolaus
Krish Sankar - Bank of America Merrill Lynch
Steve Chin - UBS
Atif Malik - Morgan Stanley

Atif Malik - Morgan Stanley

Edwin Mok - Needham & Company

Timothy Arcuri - Citigroup

Jim Covello - Goldman Sachs

Jagadish Iyer - Arete Research

Ben Pang - Caris & Company

Mehdi Hosseini - Susquehanna International

Peter Kim - Deutsche Bank



Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Lam Research Corporation December 2010 quarterly results conference call. (Operator Instructions)

I would now like to turn the conference over to Shanye Hudson, Director of Investor Relations. Please go ahead, ma’am.

Shanye Hudson

Thank you, Jeremy. Good afternoon everyone and welcome to Lam Research Corporation’s quarterly conference call. Joining me today are Steve Newberry, Chief Executive Officer and Vice Chairman of the Board, and Ernie Maddock, Senior Vice President and Chief Financial Officer.

Ernie will first discuss the financial results for the December 2010 quarter. Steve will then share Lam’s business outlook for the March 2011 quarter before opening up the call for Q&A. The press releasing detailing our financial results was distributed by business wire shortly after 1:00PM this afternoon and is also available on our website at

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