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.
The KLA (NASDAQ: KLAC) has announced a quarterly cash dividend of $1.70 per share on its common stock. The dividend will be paid on December 3, 2024, to shareholders recorded in the company's books as of the close of business on November 18, 2024.
KLA (KLAC) reported strong fiscal 2025 first quarter results with revenues of $2.84 billion, exceeding guidance expectations. The company achieved GAAP net income of $945.9 million and GAAP EPS of $7.01. Operating cash flow reached $995.2 million, with free cash flow of $934.8 million. The company returned $765.5 million to shareholders during the quarter. Looking ahead, KLA provided Q2 FY2025 guidance with expected revenues of $2.95 billion ±$150 million and non-GAAP EPS guidance of $7.75 ±$0.60.
KLA has unveiled a comprehensive portfolio of process control and process-enabling solutions for IC substrate (ICS) manufacturing. The new offerings aim to drive chip performance through panel-based interconnect innovation. Key highlights include:
1. Extended capabilities of the Corus™ direct imaging platform
2. Introduction of the Serena™ direct imaging platform for advanced IC substrate lithography
3. New Lumina™ inspection and metrology systems for IC substrates and panel-based interposers
These solutions are designed to help manufacturers achieve higher yield, accelerate delivery cycles, and improve profitability in advanced packaging applications. The portfolio also includes proven KLA process control solutions and Frontline software for engineering, CAM, and production data analytics.
KLA (NASDAQ: KLAC) has announced a 17% increase in its quarterly dividend, raising it to $1.70 per share from $1.45. This marks the 15th consecutive annual increase in the company's quarterly dividend. The new dividend level is expected to be declared in November 2024. KLA's president and CEO, Rick Wallace, emphasized the company's commitment to shareholder value through product differentiation, growing profitability, and free cash flow generation. He also stated that KLA remains on track to achieve its 2026 financial targets. The dividend increase reflects KLA's confidence in its growth strategies and financial performance.
KLA (NASDAQ: KLAC) has announced upcoming investor webcasts for two major conferences. The first is Citi's 2024 Global TMT Conference on Wednesday, September 4, 2024, at 10:00 a.m. ET. The second is the Goldman Sachs Communacopia + Technology Conference on Wednesday, September 11, 2024, at 9:30 a.m. PT.
Both webcasts will be accessible live on KLA's Investor Relations page at http://ir.kla.com/. For those unable to attend the live events, replays of the webcasts will be made available on the same page after the conferences conclude. These webcasts provide an opportunity for investors and analysts to gain insights into KLA's operations and future outlook.
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.
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