Kla Corp Stock Price, News & Analysis

KLA Corporation (NASDAQ: KLAC) announced a donation of $550,000 to support COVID-19 relief efforts in India amid a severe healthcare crisis and vaccine shortages. The funds will aid in purchasing critical medical supplies, such as ICU beds and oxygen concentrators, as well as long-term investments to enhance ICU capacity in underserved areas. This contribution expands upon the KLA Foundation's earlier $2 million commitment to global pandemic relief. In less than a week, KLA employees also contributed over $36,000 for local relief, which will be matched by the company.

KLA Corporation (NASDAQ: KLAC) reported strong Q3 FY 2021 results, with GAAP net income of $567 million and GAAP earnings per share (EPS) of $3.66, on revenue of $1.80 billion. This represents a significant increase compared to $457 million net income and $2.94 EPS in Q2 FY 2021. The company attributes this growth to rising demand across various semiconductor markets. Additionally, KLA provided guidance for Q4 FY 2021, expecting revenue between $1,755 million and $1,955 million and GAAP diluted EPS in the range of $3.20 to $4.08.

KLA Corporation (NASDAQ: KLAC) will report its third quarter fiscal year 2021 earnings on April 29, 2021, at 2 p.m. PT. The earnings results, along with a shareholder letter and earnings slide presentation, will be released after market close on the same day. The live webcast and all related material can be accessed on KLA’s Investor Relations website. This announcement highlights KLA's commitment to transparency and engagement with its investors.

KLA Corporation (NASDAQ: KLAC) has been awarded the Intel 2020 Supplier Achievement Award (SAA) in Technology, recognizing its commitment to quality and continuous improvement. This accolade places KLA among only 38 suppliers within Intel's supply chain to receive this honor. KLA has previously been recognized as a Preferred Quality Supplier (PQS) in 2018 and 2019. These awards are part of Intel's Supplier Continuous Quality Improvement program, which acknowledges significant contributions that enhance business performance.

On March 15, 2021, Frontline, part of KLA, launched InFlow™, an automated engineering software solution aimed at PCB manufacturers. InFlow™ significantly reduces planning time by up to 60%, enhancing productivity and speeding up time to market for complex designs. The system produces error-free manufacturing instructions, allowing operators of all experience levels to optimize their output. InFlow™ builds on Frontline's 25 years of expertise in PCB production and integrates seamlessly into the existing manufacturing process.

KLA Corporation (NASDAQ: KLAC) has announced a quarterly cash dividend of $0.90 per share, which will be payable on March 2, 2021. Shareholders of record as of the close of business on February 19, 2021 will be eligible to receive this dividend. The company specializes in developing advanced equipment and services for the electronics industry, focusing on areas such as wafer manufacturing and integrated circuits. This dividend declaration reflects KLA's ongoing commitment to returning value to its shareholders.

KLA Corporation reported strong Q2 FY2021 results, with net income of $457 million and earnings per diluted share of $2.94, on revenue of $1.65 billion. Compared to Q1 FY2021, revenue grew by 7.3%, and net income rose by 8.6%. The company also achieved record free cash flow and reaffirmed its commitment to return capital to shareholders. For Q3 FY2021, KLA expects revenue between $1.665 billion to $1.815 billion and GAAP EPS in the range of $2.98 to $3.66.

KLA Corporation (NASDAQ: KLAC) will review its second quarter fiscal year 2021 earnings on February 3, 2021, at 2 p.m. PT. The results will be published after the stock market closes, accompanied by additional disclosures, including a shareholder letter and an earnings slide presentation. All earnings disclosures and the live webcast can be accessed on the Investor Relations page of KLA's website. KLA is known for providing advanced process control and enabling solutions for the electronics industry, collaborating with customers to drive innovation.

KLA Corporation (NASDAQ: KLAC) announced three upcoming virtual investor conferences:

• January 12, 2021: 19th Annual J.P. Morgan CES Tech/Auto Forum at 1 p.m. PT
• February 11, 2021: Goldman Sachs Tech and Internet Conference at 10:10 a.m. PT
• March 1, 2021: Morgan Stanley Technology, Media and Telecom Conference at 9:30 a.m. PT

Live webcasts will be available on KLA's Investor Relations page, with replays posted post-event. KLA is a leader in equipment and services for the electronics industry, enhancing manufacturing processes.