STOCK TITAN

KLA Corporation - KLAC STOCK NEWS

Welcome to our dedicated page for KLA Corporation news (Ticker: KLAC), a resource for investors and traders seeking the latest updates and insights on KLA Corporation stock.

KLA Corporation (NASDAQ: KLAC), headquartered in Milpitas, California, is a global leader in process control and yield management solutions. The company collaborates with customers in the semiconductor, data storage, LED, and other nanoelectronics industries to develop state-of-the-art inspection and metrology technologies. These innovations are essential for manufacturing and ensuring the quality of electronic components.

Core Business: KLA specializes in semiconductor process control. Their equipment inspects semiconductor wafers during research, development, and manufacturing to detect defects and verify precise measurements. Additionally, KLA has a presence in the etch and deposition segments of the wafer fabrication equipment market.

Product Portfolio: With industry-standard products and a team of world-class engineers and scientists, KLA offers solutions that include advanced process control and process-enabling technologies for manufacturing wafers, reticles, integrated circuits, packaging, printed circuit boards, and flat panel displays. The company’s portfolio emphasizes innovation and quality.

Major Clients: KLA counts among its top customers some of the world's largest chipmakers, including TSMC and Samsung. This underscores the company’s significant role in the semiconductor industry and its influence on the production of cutting-edge technology components.

Financial Health: In the fourth quarter of fiscal year 2023, KLA reported a GAAP net income of $684.7 million and diluted EPS of $4.97 on total revenues of $2.36 billion. For the fiscal year ending June 30, 2023, the company achieved a GAAP net income of $3.39 billion and diluted EPS of $24.15 on revenues of $10.50 billion. These figures highlight KLA’s robust financial performance despite challenging market conditions.

Recent Achievements: KLA's results for the first quarter of fiscal year 2024, which ended on September 30, 2023, showed continued strength with a GAAP net income of $741.4 million and earnings per diluted share of $5.41 on revenue of $2.40 billion. The company’s performance reflects its market leadership and operational execution.

Future Outlook: Despite ongoing market challenges, KLA remains committed to supporting customer requirements and maintaining critical R&D investments to enable its technology roadmap. The company’s strategic focus on innovation and customer collaboration positions it well for future growth and long-term value creation for stakeholders.

For the latest updates, financial disclosures, and investor relations, visit KLA's Investor Relations page. Further information about the company can be found at www.kla.com.

Rhea-AI Summary

KLA (NASDAQ: KLAC) reported strong financial results for the fourth quarter and fiscal year ending June 30, 2024.

Q4 Highlights: Total revenues reached $2.57 billion, exceeding the upper guidance range. GAAP diluted EPS was $6.18, and non-GAAP diluted EPS was $6.60, both above midpoints of their respective guidance ranges. Operating cash flow for the quarter was $892.6 million, and free cash flow was $831.9 million. Capital returns for the quarter totaled $667.8 million.

Fiscal Year 2024 Highlights: Total revenues were $9.81 billion, GAAP net income was $2.76 billion, and GAAP diluted EPS was $20.28. Operating cash flow was $3.31 billion, and free cash flow was $3.03 billion. Capital returns for the year were $2.51 billion.

Guidance for Q1 FY 2025: Total revenues are expected to range from $2.75 billion +/- $150 million, with GAAP diluted EPS ranging from $6.69 +/- $0.60 and non-GAAP diluted EPS ranging from $7.00 +/- $0.60.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

KLA (NASDAQ: KLAC) has announced that it will review its fourth quarter fiscal year 2024 earnings on July 24, 2024, at 2 p.m. PT. The company will release its results after the market closes on the same day. Supplementary materials, including a shareholder letter and an earnings slide presentation, will also be available. All disclosures and a live webcast of the earnings call will be accessible on KLA's Investor Relations webpage. A replay of the webcast will be posted following the event.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
-
News
Rhea-AI Summary

KLA (NASDAQ: KLAC) has announced its participation in several upcoming investor conferences, which will be webcast live. These include the J.P. Morgan 52nd Annual Global Technology, Media, and Communications Conference on May 21, 2024, at 9:30 a.m. ET; the BofA Securities 2024 Global Technology Conference on June 6, 2024, at 10:40 a.m. PT; and the Nasdaq Investor Conference in Partnership with Jefferies on June 11, 2024, at 11:15 a.m. BST. Live webcasts will be accessible via KLA's Investor Relations page, and replays will be available after the events.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
Tags
conferences
News
Rhea-AI Summary

KLA (NASDAQ: KLAC) has announced a quarterly cash dividend of $1.45 per share on its common stock. The dividend will be payable on May 31, 2024, to shareholders of record as of May 15, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.13%
Tags
dividends
-
Rhea-AI Summary
KLA exceeded its revenue expectations for the third quarter of fiscal year 2024, reporting total revenues of $2.36 billion, along with strong GAAP and non-GAAP diluted EPS. The company also showcased solid cash flow from operating activities and free cash flow, as well as significant capital returns. The positive financial results reflect KLA's steady performance amidst stabilized market conditions, with a promising outlook for future business growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.95%
Tags
-
Rhea-AI Summary
KLA to review third quarter fiscal year 2024 earnings on April 25, 2024. Earnings disclosures, shareholder letter, and webcast available on the Investor Relations page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags
News
Rhea-AI Summary
KLA Corporation announces webcast for the upcoming investor conference at the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2024. The live webcast will be available on KLA's Investor Relations page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
Tags
conferences
-
News
Rhea-AI Summary
KLA Corporation's Board of Directors has announced a quarterly cash dividend of $1.45 per share on its common stock, payable on March 1, 2024, to shareholders of record as of Feb. 19, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
dividends
-
Rhea-AI Summary
KLA Corporation (NASDAQ: KLAC) announced financial and operating results for its second quarter of fiscal year 2024, reporting total revenues of $2.49 billion, GAAP diluted EPS of $4.28, and non-GAAP diluted EPS of $6.16. The company's cash flow from operating activities for the quarter was $622.2 million, and free cash flow was $545.4 million. KLA also reported a GAAP net income of $582.5 million. The company's president and CEO, Rick Wallace, expressed optimism about the improvement in customers' businesses and the stabilization of KLA's business around current revenue levels, despite challenging market conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.6%
Tags
Rhea-AI Summary
KLA Corporation (NASDAQ: KLAC) will review second quarter fiscal year 2024 earnings on Thursday, Jan. 25, 2024, at 3 p.m. PT. The company's results and supplemental disclosures will be published after the stock market closes, with all earnings disclosures and live webcast available on the Investor Relations page of KLA's website at ir.kla.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags

FAQ

What does KLA Corporation specialize in?

KLA Corporation specializes in semiconductor process control, providing advanced inspection and metrology technologies for the nanoelectronics industry.

Who are KLA Corporation's major clients?

KLA’s major clients include some of the world's largest chipmakers, such as TSMC and Samsung.

Where is KLA Corporation headquartered?

KLA Corporation is headquartered in Milpitas, California.

How did KLA perform financially in the fourth quarter of fiscal year 2023?

In the fourth quarter of fiscal year 2023, KLA reported a GAAP net income of $684.7 million and diluted EPS of $4.97 on total revenues of $2.36 billion.

What is the significance of KLA in the semiconductor industry?

KLA holds a majority share in the semiconductor process control market, playing a vital role in inspecting and ensuring the quality of semiconductor wafers.

What recent achievements has KLA Corporation made?

In the first quarter of fiscal year 2024, KLA reported a GAAP net income of $741.4 million and earnings per diluted share of $5.41 on revenue of $2.40 billion.

What is KLA's focus for the future?

Despite market challenges, KLA continues to focus on innovation, customer collaboration, and maintaining R&D investments to support its technology roadmap.

How can investors get the latest updates from KLA?

Investors and others can get the latest updates from KLA by visiting the Investor Relations page on their website at https://ir.kla.com.

What industries does KLA's technology serve?

KLA’s technology serves the semiconductor, data storage, LED, and other related nanoelectronics industries.

Where can more information about KLA Corporation be found?

More information about KLA Corporation can be found on their official website at https://kla.com.

KLA Corporation

Nasdaq:KLAC

KLAC Rankings

KLAC Stock Data

102.60B
134.64M
0.1%
92.68%
2.19%
Optical Instrument and Lens Manufacturing
Manufacturing
Link
United States of America
MILPITAS