KLAC Company Overview
KLA Corporation (KLA), formerly KLA-Tencor Corporation, is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The Company's products are also used in a number of other high technology industries, including the packaging, light emitting diode (LED), power devices, compound semiconductor, and data storage industries, as well as general materials research. Its products and services are used by bare wafer, integrated circuit (IC), lithography reticle (reticle or mask) and disk manufacturers around the world. Its inspection and metrology products and related offerings are categorized in various groups, including Chip and Wafer Manufacturing, Reticle Manufacturing, Packaging Manufacturing, Compound Semiconductor, Power Device, LED and microelectromechanical systems (MEMS)Manufacturing, General Purpose/Lab Applications, K-T Pro and K-T Services. It provides refurbished KLA tools as service and support for its products.
Company Contact
Headquarters
1 Technology Dr
Milpitas, CA 95035-7916.
Invested 7/13/2017
@ 97.8592
*All Dividends Re-Invested.
^^^^^^^^^*****************
******************************
*****************************
**************3rd Highest percent Gainer
across all portfolios
UP +492.89%+
Q.D.M. / Yield
$1.45 / .86%
Ex-Dividend date:
2/15/2024
Dividend payable date:
3/01/2024
*All dividends re-invested
*Dividend paid 9/01/2017
*Dividend paid 12/01/2017
*Dividend paid 3/01/2018
*Dividend paid 6/01/2018
*Dividend paid 8/31/2018
*Dividend paid 12/04/2018
*Dividend paid 3/01/2019
*Dividend paid 6/04/2019
*Dividend paid 9/03/2019
*Dividend paid 12/03/2019
*Dividend paid 3/05/2020
*Dividend paid 6/02/2020
*Dividend paid 9/01/2020
*Dividend paid 12/01/2020
*Dividend paid 3/02/2021
*Dividend paid 6/01/2021
*Dividend paid 9/01/2021
*Dividend paid 12/01/2021
*Dividend paid 3/01/2022
*Dividend paid 6/01/2022
*Dividend paid 9/01/2022
*Dividend paid 12/01/2022
*Dividend paid 3/01/2023
*Dividend paid 6/01/2023
*Dividend paid 9/01/2023
*Dividend paid 12/01/2023
*Dividend paid 3/01/2024
****KLA Corporation Reports Fiscal 2023 Third Quarter Results
4:05 PM ET 4/26/23 | Dow Jones
PR Newswire
MILPITAS, Calif., April 26, 2023
-- Total revenues were $2.43 billion, above the midpoint of the guidance
range of $2.20 to $2.50 billion;
-- GAAP diluted EPS was $5.03 and non-GAAP diluted EPS was $5.49, each
finishing above the midpoint of the respective guidance ranges;
-- Cash flow from operating activities and free cash flow were $1,010.9
million and $925.9 million, respectively; and
-- Capital returns were $659.0 million, split between $180.9 million in
dividends paid and $478.2 million in share repurchases.
MILPITAS, Calif., April 26, 2023 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced financial and operating results for its third quarter of fiscal year 2023, which ended on March 31, 2023, and reported GAAP net income of $697.8 million and GAAP earnings per diluted share of $5.03 on revenue of $2.43 billion.
https://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg
"The March quarter delivered revenue, GAAP and non-GAAP earnings per share above the midpoint of the guidance ranges, reflecting solid execution in a challenging industry environment," said Rick Wallace, president and CEO of KLA Corporation. "In addition, KLA's customer focus and product portfolio strategy has been validated by recently published Wafer Fab Equipment ("WFE") industry analysis for calendar year 2022 that shows increased market leadership in the process control market. This performance reinforces the strength of the KLA Operating Model and the value of KLA to our customers' fab productivity and technology roadmaps."
GAAP Results
------------------------------------------------------------------------------
Q3 FY 2023 Q2 FY 2023 Q3 FY 2022
------------------------------ -------------- -------------- --------------
Total Revenue $2,433 million $2,984 million $2,289 million
Net Income Attributable to KLA $698 million $979 million $731 million
------------------------------ -------------- -------------- --------------
Net Income per Diluted Share
Attributable to KLA $5.03 $6.89 $4.83
------------------------------ -------------- -------------- --------------
Non-GAAP Results
------------------------------------------------------------------------------
Q3 FY 2023 Q2 FY 2023 Q3 FY 2022
Net Income Attributable to KLA $761 million $1,048 million $776 million
------------------------------ -------------- -------------- --------------
Net Income per Diluted Share
Attributable to KLA $5.49 $7.38 $5.13
------------------------------ -------------- -------------- --------------
A reconciliation between GAAP operating results and non-GAAP operating results is provided following the financial statements included in this release. KLA will discuss the results for its fiscal year 2023 third quarter, along with its outlook, on a conference call today beginning at 2 p.m. Pacific Time. A webcast of the call will be available at: www.kla.com.
Fourth Quarter Fiscal 2023 Guidance
The following details our guidance for the fourth quarter of fiscal 2023 ending in June:
-- Total revenues is expected to be between $2,125 million to $2,375 million
-- GAAP gross margin is expected to be in a range of 57.58% to 59.85%
-- Non-GAAP gross margin is expected to be in a range of 59.75% to 61.75%
-- GAAP diluted EPS is expected to be in a range of $3.87 to $5.07
-- Non-GAAP diluted EPS is expected to be in a range of $4.23 to $5.43
For additional details and assumptions underlying our guidance metrics, please see the company's published Letter to Shareholders, Earnings Slide Presentation and Earnings Infographic on the KLA investor relations website. Such Letter to Shareholders, Earnings Slide Presentation and Earnings Infographic are not incorporated by reference into this earnings release.