Press release
KLA Corporation Reports Fiscal 2020 Fourth Quarter Results And Raises Dividend Level
- Quarterly revenue of $1.46 billion, GAAP EPS of $2.63 and non-GAAP EPS of $2.73 each finished above the midpoint of guidance; - Ending quarterly backlog was
About this update from Kla Corporation
[{"type":"text","content":"- Quarterly revenue of $1.46 billion, GAAP EPS of $2.63 and non-GAAP EPS of $2.73 each finished above the midpoint of guidance;\n - Ending quarterly backlog was the second highest in history, following record ending quarterly backlog in Q3-FY20;\n - Record quarterly revenue in EPC businesses including Specialty Semiconductor Process and PCB, Display and Component Inspection;\n - KLA's Board of Directors has approved the 11th consecutive annual dividend increase to $3.60 annually or $0.90 on a quarterly basis. KLA's dividend payout has grown at a CAGR of approximately 15% since inception\n\n\nMILPITAS, Calif., Aug. 3, 2020 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced operating results for its fourth quarter and fiscal year ended June 30, 2020. KLA reported GAAP net income attributable to KLA of $411 million and GAAP earnings per diluted share attributable to KLA of $2.63 on revenues of $1,460 million for the fourth quarter of fiscal year 2020. For the fiscal year ended June 30, 2020, KLA reported GAAP net income attributable to KLA of $1,217 million and GAAP earnings per diluted share attributable to KLA of $7.70 on revenues of $5,806 million.\nLink: https://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg\n\"Thanks to the dedication, engagement and perseverance of our global workforce, KLA delivered strong results in the June 2020 quarter, with revenue and GAAP and non-GAAP EPS each finishing above the mid-point of our guidance ranges, demonstrating strong demand from customers, exceptional execution by our teams, and the enduring strength and resiliency of our company under today's extraordinary circumstances,\" commented Rick Wallace, president and CEO of KLA Corporation. \"KLA's performance in the June quarter once again highlights how the KLA operating model and our long-term strategic objectives provide a dependable framework to guide our execution and consistently deliver on our commitments.\"\nGAAP Results\nQ4 FY 2020\nQ3 FY 2020\nQ4 FY 2019\nRevenues\n$1,460 million\n$1,424 million\n$1,258 million\nNet Income Attributable to KLA \n$411 million\n$78 million\n$218 million\nEarnings per Diluted Share Attributable to KLA \n$2.63\n$0.50\n$1.35\nNon-GAAP Results\nQ4 FY 2020\nQ3 FY 2020\nQ4 FY 2019\nNet Income Attributable to KLA \n$426 million\n$389 million\n$289 million\nEarnings per Diluted Share At...