Welcome to our dedicated page for Kla news (Ticker: KLAC), a resource for investors and traders seeking the latest updates and insights on Kla stock.
KLA Corporation (KLAC) reports developments for a semiconductor equipment company focused on process control and process-enabling solutions used in manufacturing wafers, reticles, integrated circuits, packaging and printed circuit boards. News commonly covers fiscal earnings, cash flow, guidance, demand trends across foundry/logic, memory, advanced packaging and services, and the company’s role in electronics manufacturing.
Company updates also include capital-allocation actions such as cash dividends, share repurchase authorizations and common-stock split activity, along with investor-day materials describing the Systems and Services businesses and the KLA Operating Model.
KLA (NASDAQ: KLAC) has achieved a significant milestone in its sustainability efforts. The Science Based Targets initiative (SBTi) has approved KLA's near-term targets to reduce greenhouse gas (GHG) emissions by 2030. These targets include:
1. Reducing Scope 1 and 2 GHG emissions by 50% from a 2021 baseline
2. Using 100% renewable electricity across global operations
3. Decreasing Scope 3 emissions from sold products by 52% per billion transistors inspected, measured, or processed
Alongside this achievement, KLA has released its annual Global Impact Report for 2023, detailing the company's performance against ESG goals. The report covers initiatives related to talent, corporate governance, community engagement, and leadership.
KLA (NASDAQ: KLAC) has announced a quarterly cash dividend of $1.45 per share on its common stock. The dividend is payable on September 3, 2024 to shareholders of record as of the close of business on August 15, 2024. This declaration by the Board of Directors demonstrates KLA's commitment to returning value to its shareholders through regular dividend payments. The announcement provides important information for current and potential investors regarding the company's dividend policy and upcoming payment schedule.
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.
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.
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.
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.
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