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) has declared a quarterly cash dividend of $1.05 per share on its common stock. This dividend is payable on Dec. 1, 2021, to shareholders recorded as of the close of business on Nov. 15, 2021. The announcement underscores KLA's commitment to providing value to its investors through consistent dividend payments.
KLA Corporation (NASDAQ: KLAC) reported strong Q1 FY 2022 results with net income of $1.07 billion, or $6.96 per share, on revenues of $2.08 billion. This reflects a significant increase compared to Q4 FY 2021, where net income was $633 million and revenue was $1.93 billion. Despite supply chain challenges, KLA demonstrated solid execution, with Q1 non-GAAP net income at $712 million. The company also provided optimistic guidance for Q2 FY 2022, projecting revenue between $2.23 billion and $2.43 billion and diluted EPS ranging from $4.69 to $5.59.
KLA Corporation (NASDAQ: KLAC) has announced it will review its first quarter fiscal year 2022 earnings on October 27, 2021, at 2 p.m. PT. The results will be published the same day after market close, alongside supplemental disclosures including a shareholder letter and an earnings slide presentation. Investors can access all disclosures and the live earnings webcast on KLA's Investor Relations page.
KLA Corporation (NASDAQ: KLAC) has announced two upcoming virtual investor webcasts. The first is scheduled for September 9, 2021, at 12:10 p.m. PT during the Deutsche Bank 2021 Technology Conference. The second will take place on September 15, 2021, at 10:50 a.m. PT at Citi's 2021 Global Technology Conference. Investors can access the live webcasts on KLA's Investor Relations page at ir.kla.com, where replays will also be available post-event.
KLA Corporation (NASDAQ: KLAC) has declared a quarterly cash dividend of $1.05 per share on its common stock. This dividend will be payable on Sept. 1, 2021 to shareholders on record as of the close of business on Aug. 16, 2021. KLA's robust financial position allows it to reward its shareholders consistently.
KLA Corporation (NASDAQ: KLAC) reported strong Q4 FY 2021 results, achieving revenues of $1.93 billion, a 31.8% increase year-over-year. The company posted a GAAP net income of $633 million, translating to a diluted EPS of $4.10. For the full fiscal year, KLA reported revenues of $6.92 billion and a net income of $2.08 billion. The Board announced a twelfth consecutive dividend increase and a $2 billion share repurchase program, underscoring KLA's robust capital management strategy. Guidance for Q1 FY 2022 anticipates revenues between $1.92 billion and $2.12 billion.
On July 21, 2021, KLA announced that TTM Technologies has installed the Orbotech Neos™ 800, a revolutionary inkjet solution that enhances solder mask application for printed circuit boards (PCBs). This advanced technology significantly reduces the solder mask processing sequence, leading to greater efficiency, lower chemical waste, and faster manufacturing turnaround times. The Neos 800 provides a compact, environmentally friendly solution that integrates multiple process steps while ensuring high-quality output and reduced operational costs. It is currently available in the U.S. and Europe.
KLA Corporation (NASDAQ: KLAC) has scheduled a review of its fourth quarter fiscal year 2021 earnings for Thursday, July 29, 2021, at 2 p.m. PT. The earnings report will be released after the market closes on the same day, along with a shareholder letter and earnings presentation. Shareholders can access all disclosures and a live webcast of the earnings call via the Investor Relations page on KLA's website. A replay of the webcast will be available post-event.
KLA Corporation (NASDAQ: KLAC) has launched four new products designed for automotive chip manufacturing, including the 8935 and C205 patterned wafer inspection systems, as well as the Surfscan SP A2/A3 and I-PAT inline defect screening solution. These innovations aim to enhance the reliability and yield of semiconductor chips crucial for modern vehicles, which require advanced electronics for safety and performance. The new systems will help manufacturers detect defects early in the production process.
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