KLA: Fiscal Second Quarter Earnings Overview

KLA Corporation Reports Strong Second-Quarter Financial Results

KLA Corporation, headquartered in Milpitas, California, announced on Thursday that it achieved $1.15 billion in net income for its fiscal second quarter.

The company reported earnings of $8.68 per share, with adjusted earnings—excluding certain one-time items—coming in at $8.85 per share.

These results surpassed analysts’ expectations, as the consensus from seven Zacks Investment Research analysts had projected earnings of $8.82 per share.

During the quarter, KLA, which specializes in semiconductor manufacturing equipment, generated $3.3 billion in revenue. This figure also exceeded forecasts, with six Zacks analysts anticipating $3.26 billion.

Looking ahead to the quarter ending in March, KLA anticipates earnings per share to fall between $8.30 and $9.86.

The company also projects third-quarter revenue to be in the range of $3.2 billion to $3.5 billion.

Financial data for this article was provided by Zacks Investment Research and processed by Automated Insights.