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 (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 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.
KLA Corporation (NASDAQ: KLAC) announced upcoming virtual investor webcasts. The events are scheduled for:
- May 26, 2021 – J.P. Morgan 49th Annual Global Technology, Media and Communications Conference at 2:55 p.m. PT
- June 8, 2021 – Evercore ISI Inaugural TMT Conference at 11:45 a.m. PT
- June 9, 2021 – UBS Global Industrials and Transportation Virtual Conference at 12:00 p.m. PT
- June 16, 2021 – Nasdaq 44th Investor Conference at 8:30 a.m. PT
Live webcasts will be available on the Investor Relations page of KLA's website, with replays posted post-event.
KLA Corporation (NASDAQ: KLAC) has announced a quarterly cash dividend of $0.90 per share. The dividend is payable on June 1, 2021 to shareholders of record as of the close of business on May 17, 2021. This reflects KLA's ongoing commitment to returning value to investors. The company develops leading equipment and services for the electronics industry, working closely with customers globally to drive innovation.
KLA Corporation (NASDAQ: KLAC) announced a donation of $550,000 to support COVID-19 relief efforts in India amid a severe healthcare crisis and vaccine shortages. The funds will aid in purchasing critical medical supplies, such as ICU beds and oxygen concentrators, as well as long-term investments to enhance ICU capacity in underserved areas. This contribution expands upon the KLA Foundation's earlier $2 million commitment to global pandemic relief. In less than a week, KLA employees also contributed over $36,000 for local relief, which will be matched by the company.
KLA Corporation (NASDAQ: KLAC) reported strong Q3 FY 2021 results, with GAAP net income of $567 million and GAAP earnings per share (EPS) of $3.66, on revenue of $1.80 billion. This represents a significant increase compared to $457 million net income and $2.94 EPS in Q2 FY 2021. The company attributes this growth to rising demand across various semiconductor markets. Additionally, KLA provided guidance for Q4 FY 2021, expecting revenue between $1,755 million and $1,955 million and GAAP diluted EPS in the range of $3.20 to $4.08.
KLA Corporation (NASDAQ: KLAC) will report its third quarter fiscal year 2021 earnings on April 29, 2021, at 2 p.m. PT. The earnings results, along with a shareholder letter and earnings slide presentation, will be released after market close on the same day. The live webcast and all related material can be accessed on KLA’s Investor Relations website. This announcement highlights KLA's commitment to transparency and engagement with its investors.
KLA Corporation (NASDAQ: KLAC) has been awarded the Intel 2020 Supplier Achievement Award (SAA) in Technology, recognizing its commitment to quality and continuous improvement. This accolade places KLA among only 38 suppliers within Intel's supply chain to receive this honor. KLA has previously been recognized as a Preferred Quality Supplier (PQS) in 2018 and 2019. These awards are part of Intel's Supplier Continuous Quality Improvement program, which acknowledges significant contributions that enhance business performance.
On March 15, 2021, Frontline, part of KLA, launched InFlow™, an automated engineering software solution aimed at PCB manufacturers. InFlow™ significantly reduces planning time by up to 60%, enhancing productivity and speeding up time to market for complex designs. The system produces error-free manufacturing instructions, allowing operators of all experience levels to optimize their output. InFlow™ builds on Frontline's 25 years of expertise in PCB production and integrates seamlessly into the existing manufacturing process.
KLA Corporation (NASDAQ: KLAC) has announced a quarterly cash dividend of $0.90 per share, which will be payable on March 2, 2021. Shareholders of record as of the close of business on February 19, 2021 will be eligible to receive this dividend. The company specializes in developing advanced equipment and services for the electronics industry, focusing on areas such as wafer manufacturing and integrated circuits. This dividend declaration reflects KLA's ongoing commitment to returning value to its shareholders.
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