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.
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.
KLA Corporation (NASDAQ: KLAC) has launched two advanced systems: the PWG5™ wafer geometry system and the Surfscan® SP7XP wafer defect inspection system. These innovations aim to tackle significant challenges in manufacturing leading-edge memory and logic integrated circuits. The PWG5 system provides high-resolution measurements of wafer distortions, enhancing process control and yield for 3D NAND and advanced DRAM. The Surfscan SP7XP offers improved sensitivity and defect classification using machine learning, optimizing wafer quality in semiconductor production.
KLA (NASDAQ: KLAC) subsidiary, Orbotech, has unveiled two innovative roll-to-roll (R2R) manufacturing solutions for flexible printed circuits (FPCs): the Orbotech Infinitum™ and Orbotech Apeiron™. These technologies aim to enhance the production of advanced electronic devices like 5G smartphones and medical equipment. The Infinitum™ focuses on direct imaging with high yield, while the Apeiron™ specializes in UV laser drilling. Both solutions promise improved quality, efficiency, and sustainability in electronics manufacturing.
KLA Corporation (NASDAQ: KLAC) has announced a series of upcoming virtual investor conferences. The events include the Bernstein Operational Decisions Conference on Nov. 17, 2020 at 1:30 p.m. PT, the Credit Suisse 24th Annual Technology Conference on Dec. 1, 2020 at 10 a.m. PT, and the Wells Fargo 2020 TMT Summit on Dec. 2, 2020 at 12:20 p.m. PT. Live webcasts will be accessible on KLA's Investor Relations page, with replays available later.
KLA Corporation (NASDAQ: KLAC) has declared a quarterly cash dividend of $0.90 per share, set to be paid on December 1, 2020. Shareholders of record as of the close of business on November 16, 2020 will be eligible for this dividend. KLA is recognized for its leading equipment and services in the electronics industry, facilitating innovation across various sectors including integrated circuits and flat panel displays, thereby contributing to advancements in manufacturing processes.
KLA Corporation (NASDAQ: KLAC) reported strong Q1 FY 2021 results, with GAAP net income of $421 million and earnings per diluted share of $2.69 on revenue of $1.54 billion. This reflects growth from $413 million in revenue year-over-year. The Semiconductor Process Control segment exceeded expectations, and the Service business is projected to achieve double-digit growth. The company also reported a robust backlog, indicating solid demand for next-generation technology.
Guidance for Q2 FY 2021 estimates revenue between $1.51 billion and $1.66 billion and GAAP EPS ranging from $2.59 to $3.23.
KLA Corporation (NASDAQ: KLAC) announced that its first quarter fiscal year 2021 earnings will be reviewed on October 28, 2020, at 2 p.m. PT. The earnings results will be disclosed after market close on the same day, along with a shareholder letter and an earnings slide presentation. Interested parties can find all earnings disclosures and a live webcast on the company's Investor Relations page. A replay of the webcast will also be available post-event.
KLA Corporation (NASDAQ: KLAC) introduced advanced inspection systems aimed at enhancing semiconductor packaging processes. The new products include the Kronos™ 1190 wafer-level packaging inspection system, ICOS™ F160XP die sorting system, and upgraded ICOS™ T3/T7 Series. These innovations focus on improving yield and quality assurance in electronics manufacturing, addressing challenges posed by shrinking feature sizes and complex 3D structures. The semiconductor packaging market is projected to reach $85 billion by 2025, fueling demand for KLA's enhanced solutions.
KLA Corporation (NASDAQ: KLAC) announced the appointment of MaryBeth Wilkinson as Executive Vice President, Chief Legal Officer, and Corporate Secretary on September 21, 2020. Based in Ann Arbor, Michigan, Wilkinson will oversee the company's legal and compliance functions, reporting directly to CEO Rick Wallace. With over two decades of experience, including her previous role at O-I Glass, she is expected to contribute significantly to KLA's growth and strategic goals. She has been recognized as a top corporate counsel, emphasizing her expertise in driving organizational success.
KLA Corporation (NASDAQ: KLAC) announced two virtual investor conferences:
- Aug. 11, 2020 — KeyBanc Capital Markets Future of Technology Series at 11:40 a.m. PT
- Sept. 9, 2020 — Citi 2020 Global Technology Virtual Conference at 1:15 p.m. PT
Live webcasts will be available on KLA's Investor Relations page, with replays posted afterward. KLA specializes in equipment and services for the electronics industry, collaborating with global leaders to advance wafer and integrated circuit manufacturing.
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