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) delivers cutting-edge process control and yield management solutions for semiconductor manufacturing. This page serves as a comprehensive resource for investors and industry professionals tracking KLAC's latest developments.
Access real-time press releases, earnings reports, and strategic announcements directly from the company. Stay informed on critical updates including product innovations, R&D breakthroughs, and partnerships shaping the semiconductor sector.
Our curated collection features verified news across key categories: quarterly financial results, technology advancements, operational expansions, and leadership updates. Bookmark this page for streamlined access to KLAC's evolving role in enabling precision manufacturing worldwide.
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.
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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