Press release
KLA Corporation Reports Fiscal 2020 Second Quarter Results
-- Revenue for the quarter was a record of $1.51 billion -- Earnings on both a GAAP and non-GAAP basis were records for the quarter with GAAP EPS of $2.40 per
About this update from Kla Corporation
[{"type":"text","content":"-- Revenue for the quarter was a record of $1.51 billion\n -- Earnings on both a GAAP and non-GAAP basis were records for the quarter with GAAP EPS of $2.40 per share and non-GAAP EPS of $2.66 per share\n\n\nMILPITAS, Calif., Feb. 4, 2020 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced operating results for its second quarter of fiscal year 2020, which ended on Dec. 31, 2019, and reported GAAP net income attributable to KLA of $381 million and GAAP earnings per diluted share attributable to KLA of $2.40 on revenues of $1.51 billion.\nLogo: https://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg \n\"KLA once again demonstrated solid execution in the December quarter, delivering results in the upper end of the range of guidance, and capping multiple records across revenue, GAAP EPS and non-GAAP EPS for the quarter,\" commented Rick Wallace, president and CEO of KLA. \"As we begin the new calendar year, we are excited with the growth opportunities that lie ahead for KLA, with the industry outlook calling for growth led by technology transitions in advanced Logic, expanding investment in EUV, and with the expectation that Memory investment will improve in the calendar year. As the leading supplier of process control and specialty semiconductor process equipment for semiconductor and related electronics industries, and supported by a large and growing services business, KLA is uniquely positioned to benefit from this growth while continuing to deliver high levels of profitability.\"\nGAAP Results\nQ2 FY 2020\nQ1 FY 2020\nQ2 FY 2019\nRevenues\n$1,509 million\n$1,413 million\n$1,120 million\nNet Income Attributable to KLA\n$381 million\n$347 million\n$369 million\nEarnings per Diluted Share Attributable to KLA\n$2.40\n$2.16\n$2.42\nNon-GAAP Results\nQ2 FY 2020\nQ1 FY 2020\nQ2 FY 2019\nNet Income Attributable to KLA\n$422 million\n$398 million\n$372 million\nEarnings per Diluted Share Attributable to KLA\n$2.66\n$2.48\n$2.44\nA reconciliation between GAAP operating results and non-GAAP operating results is provided following the financial statements included in this release. Non-GAAP results include the impact of recurring stock-based compensation, but exclude the impact of acquisitions or pending acquisitions, restructuring, severance, merger and other related charges and certain discrete tax items. KLA will dis...