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) will announce its third quarter fiscal year 2022 earnings on April 28, 2022, at 2 p.m. PT. The earnings results will be published after market close, accompanied by a shareholder letter and an earnings presentation. These disclosures, along with a live earnings webcast, will be accessible via KLA's Investor Relations website. The company is known for its advanced equipment and services for the electronics industry, focusing on process control and enabling solutions for key manufacturing sectors.
KLA Corporation (NASDAQ: KLAC) will host an investor day on June 16, 2022, starting at 8:30 a.m. ET with formal presentations from CEO Rick Wallace and CFO Bren Higgins. The event aims to provide insights into the company's operations and future strategies.
A live video webcast will be available on KLA's Investor Relations page, with an archived version post-event. Detailed agenda and venue information will be shared during the registration process.
KLA Corporation (NASDAQ: KLAC) has announced webcasts for two upcoming virtual investor conferences. The events include the SIG Susquehanna Financial Group's 11th Annual Technology Conference on March 4, 2022, at 10 a.m. PT, and the Morgan Stanley Technology, Media & Telecom Conference on March 8, 2022, at 9:45 a.m. PT. Live webcasts will be available on KLA's Investor Relations page, with replays posted afterward.
The board of directors at KLA Corporation has declared a quarterly cash dividend of $1.05 per share on its common stock. This dividend is payable on March 1, 2022, to shareholders of record as of the close of business on February 14, 2022. KLA Corporation focuses on providing advanced solutions for the electronics industry, enhancing innovation in manufacturing wafers, integrated circuits, and more. Investors should monitor KLA's investor relations website for further financial disclosures.
KLA Corporation (NASDAQ: KLAC) reported robust results for Q2 FY 2022, achieving a net income of $717.4 million and earnings per diluted share of $4.71 on revenues of $2.35 billion.
Compared to Q1 FY 2022, revenue grew from $2.08 billion, reflecting a strong performance in a challenging environment.
The company also returned $2 billion to shareholders through dividends and stock repurchases in 2021.
Looking forward, KLA forecasts third-quarter revenue between $2.1 billion and $2.3 billion, with GAAP diluted EPS expected between $4.09 and $4.99.
KLA Corporation (NASDAQ: KLAC) has announced that it will release its second quarter fiscal year 2022 earnings on January 27, 2022 at 2 p.m. PT. The results will be published after the market closes, accompanied by supplemental materials including a shareholder letter and an earnings slide presentation. Investors can access the disclosures and a live webcast on KLA's Investor Relations page.
KLA Corporation (NASDAQ: KLAC) announced its goal to achieve 100% renewable electricity across its global operations by 2030. This initiative is part of the company's commitment to environmental, social, and governance (ESG) stewardship, which includes greenhouse gas (GHG) emission reduction targets. By 2030, KLA aims for a cumulative 46% reduction in Scope 1 and Scope 2 emissions compared to a 2019 baseline. The firm has already made strides in this direction, with its Milpitas headquarters operating on carbon-free electricity since 2018.
KLA Corporation (NASDAQ: KLAC) will host a live webcast at the 45th Nasdaq Investor Conference on Friday, Dec. 3, 2021, at 8 a.m. PT. The event will be available on the Investor Relations page of KLA's website. A replay will be accessible after the event. KLA specializes in advanced process control and enabling solutions for the electronics industry, collaborating closely with leading global customers.
KLA Corporation (NASDAQ: KLAC) announced upcoming virtual investor webcasts scheduled on Nov. 30, 2021, for the Credit Suisse 25th Annual Technology Conference at 11:45 a.m. PT, and on Dec. 1, 2021, for the 5th Annual Virtual Wells Fargo TMT Summit at 11:40 a.m. PT. Investors can view the live webcasts on KLA's Investor Relations page, with replays available post-event. KLA specializes in advanced equipment and services for the electronics industry, supporting manufacturing processes for various technologies.
KLA Corporation (NASDAQ: KLAC) has officially opened its $200 million second U.S. headquarters in Ann Arbor, Michigan. The facility will support over 600 employees, with plans for additional hires. This site will host KLA's AI Center of Excellence and a significant clean room to advance semiconductor manufacturing. The six-story, 230,000-square foot campus also features sustainable design elements. KLA, a leader in semiconductor equipment, generated over $6 billion in revenue in 2020 and aims to enhance its operational capabilities to meet the increasing demands of its global customer base.
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