Kla Corp Stock Price, News & Analysis

KLA Corporation (NASDAQ: KLAC) reported a strong financial performance for Q3 FY 2023, with total revenues of $2.43 billion, exceeding guidance expectations of $2.20 to $2.50 billion. The company achieved GAAP diluted EPS of $5.03 and non-GAAP diluted EPS of $5.49, both above the guidance range. Cash flow from operations was robust at $1,010.9 million, while free cash flow reached $925.9 million. The company returned $659.0 million to shareholders through dividends and share repurchases. However, total revenue declined from $2.98 billion in Q2 FY 2023, reflecting current industry challenges. KLA anticipates Q4 FY 2023 revenues between $2,125 million and $2,375 million, with GAAP diluted EPS projected between $3.87 and $5.07.

KLA Corporation (NASDAQ: KLAC) has scheduled its third quarter fiscal year 2023 earnings announcement for April 26, 2023, at 2 p.m. PT. The results will be released after stock market close on the same day, along with a shareholder letter and earnings slide presentation. Investors can access the earnings disclosures and live webcast through the Investor Relations page at ir.kla.com. A replay of the webcast will be available post-event.

KLA is a leader in providing innovative equipment and services for the electronics industry, collaborating closely with customers globally.

KLA Corporation (NASDAQ: KLAC) announced an upcoming investor webcast for the Morgan Stanley Technology, Media & Telecom Conference, scheduled for March 6, 2023, at 10:25 a.m. PST. The live webcast can be accessed via KLA's Investor Relations page, with a replay available post-event. KLA specializes in providing advanced equipment and services for the electronics industry, aiding in the manufacturing of wafers, integrated circuits, and more. Investors can find essential financial information through KLA's investor relations website at ir.kla.com.

KLA Corporation (NASDAQ: KLAC) has declared a quarterly cash dividend of $1.30 per share on its common stock. This dividend is scheduled for payment on March 1, 2023, to shareholders recorded by the end of business on February 13, 2023. KLA develops advanced equipment and services for the electronics industry, focusing on innovations in semiconductor manufacturing and related technologies.

KLA Corporation (NASDAQ: KLAC) reported a robust second quarter for fiscal year 2023, with total revenues reaching $2.98 billion, exceeding guidance of $2.65 to $2.95 billion. The company achieved GAAP diluted EPS of $6.89 and non-GAAP diluted EPS of $7.38, both within guidance ranges. Net income attributable to KLA stood at $978.8 million, up from $717 million a year earlier. For Q3 FY 2023, KLA anticipates revenues between $2.2 billion and $2.5 billion, with diluted EPS estimated between $4.06 and $5.46. The company also reported strong cash flows and capital returns totaling $539.2 million.