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KLA Reports Fiscal 2024 Q4 Results and Full Year Results
July 25, 2024 | KLAEstimated reading time: 1 minute
KLA Corporation announced financial and operating results for its fourth quarter and fiscal year ended June 30, 2024. KLA reported GAAP net income attributable to KLA of $836.4 million and GAAP diluted earnings per share (EPS) attributable to KLA of $6.18 on total revenues of $2.57 billion for the fourth quarter of fiscal year 2024. For the fiscal year ended June 30, 2024, KLA reported GAAP net income attributable to KLA of $2.76 billion and GAAP diluted EPS attributable to KLA of $20.28 on total revenues of $9.81 billion.
"KLA's June quarter results exceeded expectations, including revenue, gross margin and EPS, which were all above their respective guidance midpoints, demonstrating the enduring power and differentiation of the KLA portfolio," said Rick Wallace, President and CEO, KLA Corporation. "We are encouraged by the early signs of a strengthening market environment for our customers at the leading edge and are increasingly confident in our plan for steady improvement throughout the remainder of this calendar year and into 2025."
First Quarter Fiscal 2025 Guidance
The following details our guidance for the first quarter of fiscal 2025 ending in Sept.:
- Total revenues is expected to be in a range of $2.75 billion +/- $150 million
- GAAP gross margin is expected to be in a range of 59.9% +/- 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 $6.69 +/- $0.60
- Non-GAAP diluted EPS is expected to be in a range of $7.00 +/- $0.60
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