Press release
KLA Corporation Reports Fiscal 2020 Third Quarter Results
- Record shipments for the quarter driven by record demand in our Semiconductor Process Control segment; - Quarterly revenue of $1.42 billion finished at the
About this update from Kla Corporation
[{"type":"text","content":"- Record shipments for the quarter driven by record demand in our Semiconductor Process Control segment;\n - Quarterly revenue of $1.42 billion finished at the midpoint of original guidance, and featured record quarterly Service revenue;\n - GAAP EPS was $0.50, and non-GAAP EPS finished above the midpoint of the range of guidance at $2.47. GAAP EPS was impacted by a $256.6 million goodwill impairment charge related to our acquisition of Orbotech, or $1.63 per share after taxes.\n\n\nMILPITAS, Calif., May 5, 2020 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced operating results for its third quarter of fiscal year 2020, which ended on March 31, 2020, and reported GAAP net income attributable to KLA of $78 million and GAAP earnings per diluted share attributable to KLA of $0.50 on revenues of $1.42 billion.\nLogo: https://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg \n\"KLA delivered solid results in the March quarter, demonstrating strong demand for KLA's products and services coupled with exceptional execution across our global operations, while facing the unprecedented challenges associated with COVID-19,\" commented Rick Wallace, president and chief executive officer of KLA Corporation. \"KLA's performance in the March quarter highlights how the KLA operating model provides a strong and resilient framework for us to predictably deliver on our commitments and support our customers. KLA is performing well under extraordinary conditions. In this environment, our first priority is to preserve and protect the health and safety of our employees and their families, while we maintain our long-term strategy and operate in a way that preserves our flexibility to deliver the essential products and services our customers both demand and require.\"\nGAAP Results\nQ3 FY 2020\nQ2 FY 2020\nQ3 FY 2019\nRevenues\n$1,424 million\n$1,509 million\n$1,097 million\nNet Income Attributable to KLA\n$78 million\n$381 million\n$193 million\nEarnings per Diluted Share Attributable to KLA\n$0.50\n$2.40\n$1.23\nNon-GAAP Results\nQ3 FY 2020\nQ2 FY 2020\nQ3 FY 2019\nNet Income Attributable to KLA\n$389 million\n$422 million\n$283 million\nEarnings per Diluted Share Attributable to KLA\n$2.47\n$2.66\n$1.80\nA reconciliation between GAAP operating results and non-GAAP operating results is provided following the financial statements i...