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KLA Reports Fiscal 2023 Fourth Quarter and Full Year Results
July 31, 2023 | KLAEstimated reading time: 1 minute
KLA Corporation announced financial and operating results for its fourth quarter and fiscal year ended June 30, 2023. KLA reported GAAP net income attributable to KLA of $684.7 million and GAAP diluted earnings per share ("EPS") attributable to KLA of $4.97 on total revenues of $2.36 billion for the fourth quarter of fiscal year 2023. For the fiscal year ended June 30, 2023, KLA reported GAAP net income attributable to KLA of $3.39 billion and GAAP diluted EPS attributable to KLA of $24.15 on total revenues of $10.50 billion.
"KLA's June quarter results exceeded expectations, demonstrating the combination of the broad strength of our portfolio, focused operational execution and high-performing teams coming together to deliver against our financial objectives in what remains a challenging demand environment," said Rick Wallace, president and CEO, KLA Corporation. "KLA continues to be focused on supporting our customer requirements while maintaining critical R&D investments to enable our technology roadmap. Our results are the latest example of successfully meeting or exceeding our commitments and creating value for our customers, partners and shareholders."
First Quarter Fiscal 2024 Guidance
The following details our guidance for the first quarter of fiscal 2024 ending in September:
- Total revenues is expected to be in a range of $2.35 billion +/- $125 million
- GAAP gross margin is expected to be in a range of 59.0% +/- 1.0%
- Non-GAAP gross margin is expected to be in a range of 61.0% +/- 1.0%
- GAAP diluted EPS is expected to be in a range of $5.02 +/- $0.60
- Non-GAAP diluted EPS is expected to be in a range of $5.35 +/- $0.60
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