It’s Only Common Sense: Being Your Customer’s Expert—The Key to Consultative Sales
The Chemical Connection: Surface Finishes for PCBs
The Marketing Minute: Go Big or Go Home—Long-form Content Is Your Brand’s Best Friend
KLA Reports Fiscal 2024 Second Quarter Results
January 26, 2024 | KLAEstimated reading time: 1 minute
KLA Corporation announced financial and operating results for its second quarter of fiscal year 2024, which ended on Dec. 31, 2023, and reported GAAP net income of $582.5 million and GAAP earnings per diluted share of $4.28 on revenue of $2.49 billion.
"KLA's December quarter results were ahead of our expectations and capped a solid year that included strong relative margins and free cash flow growth despite a persistently soft market," said Rick Wallace, president and CEO, KLA Corporation. "While market conditions remain challenging in the near-term, with limited visibility regarding the timing of a resumption in sustainable demand, we believe our business has stabilized around current revenue levels. As we look forward, we are encouraged by the improvement in our customers' businesses across multiple markets and continue to prioritize supporting our customers, executing on our product roadmaps and preparing for growth at the leading edge."
Third Quarter Fiscal 2024 Guidance
The following details our guidance for the third quarter of fiscal 2024 ending in March:
- Total revenues is expected to be in a range of $2.30 billion +/- $125 million
- GAAP gross margin is expected to be in a range of 59.4% +/- 1.0%
- Non-GAAP gross margin is expected to be in a range of 61.5% +/- 1.0%
- GAAP diluted EPS is expected to be in a range of $4.93 +/- $0.60
- Non-GAAP diluted EPS is expected to be in a range of $5.26 +/- $0.60
Share on:
Suggested Items
IPC Hall of Fame Spotlight Series: Highlighting Walt Custer
04/09/2025 | Dan Feinberg, I-Connect007This Hall of Fame spotlight features a long-time associate of mine, Walt Custer. Now retired, Walt is well known in the industry for his decades of work as part of Custer Consulting Group, presenting his market research and business analyses at trade shows and conferences around the globe. As I mentioned in my spotlight on Gene Weiner, Walt and I were in that group that reported to Gene back in the old Dynachem days. Under Gene’s tutelage, we became deeply involved in IPC and were eventually honored with the Hall of Fame award.
DuPont Ikonic 9000 CMP Pads Win 2025 Edison Award
04/09/2025 | DuPontDuPont announced that its Ikonic™ 9000 series of polishing pads for chemical mechanical planarization (CMP) was awarded a 2025 Bronze Edison Award™ in the AI-driven advancements category.
The PC Market Enters Volatile 2025 on Strong Results
04/09/2025 | IDCPC shipments during the first quarter of 2025 grew 4.9% from the prior year, with global volumes reaching 63.2 million shipments, according to preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker. Looking ahead to 2025, the PC industry has several tailwinds and headwinds, which make for a challenging outlook and difficult demand planning.
TRI: Inspection Innovations at Focus on PCB Expo
04/09/2025 | TRII-Tronik, TRI's distributor, will showcase cutting-edge AI-powered inspection solutions at Focus on PCB 2025, taking place at Fiera di Vicenza, Italy, from May 21–22, 2025.
U.S. Tariffs to Curb Investment and Consumption Momentum; 2025 Global End-Market Outlook Downgraded
04/08/2025 | TrendForceOn April 2nd, the U.S. announced a new round of reciprocal tariffs, followed by a provision allowing exemption for goods with more than 20% “U.S. value”