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) 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.
KLA Corporation (NASDAQ: KLAC) will announce its second quarter fiscal year 2023 earnings on January 26, 2023, at 3 p.m. PST. Results will be published after market close, including a shareholder letter and earnings presentation. Investors can access all disclosures and a live webcast on KLA's Investor Relations page. A replay will be available post-event. KLA specializes in advanced process control and enabling solutions for various manufacturing sectors within the electronics industry.
KLA Corporation (NASDAQ: KLAC) announced a significant investment of over $1 million in grants and donations to support social equity and STEM education in the Bay Area and Southeast Michigan. This initiative is part of a larger $4 million global distribution planned for 2022. The KLA Foundation's contributions reflect a commitment to educational equity and community engagement, aligning with several United Nations Sustainable Development Goals. This year's funding will support organizations such as Facing History and Ourselves and City Year, marking a historic investment for the Foundation.
KLA Corporation (NASDAQ: KLAC) has launched the Axion T2000, an advanced X-ray metrology system aimed at enhancing memory chip manufacturing. This system addresses challenges faced in creating 3D NAND and DRAM chips, achieving nanoscale control with high resolution and speed. The Axion T2000 features patented technologies that facilitate inline measurement of complex structures, ensuring optimal memory chip performance in applications like 5G and AI. Backed by KLA's global service network, the system promises to boost production yield and device quality.
KLA Corporation (NASDAQ: KLAC) has declared a $1.30 quarterly cash dividend on its common stock, set for payment on December 1, 2022. Shareholders on record as of November 15, 2022 will be eligible. This decision underscores KLA's commitment to returning value to its investors amidst ongoing developments in the electronics industry.
FAQ
What is the current stock price of KLA Corporation (KLAC)?
What is the market cap of KLA Corporation (KLAC)?
What does KLA Corporation specialize in?
Who are KLA Corporation's major clients?
Where is KLA Corporation headquartered?
How did KLA perform financially in the fourth quarter of fiscal year 2023?
What is the significance of KLA in the semiconductor industry?
What recent achievements has KLA Corporation made?
What is KLA's focus for the future?
How can investors get the latest updates from KLA?
What industries does KLA's technology serve?
Where can more information about KLA Corporation be found?
