Press release
KLA Corporation Reports Fiscal 2021 First Quarter Results
- Total revenue was $1.54 billion, finishing near the high-end of guidance; - GAAP EPS was $2.69, and non-GAAP EPS was $3.03, each also finishing near the
About this update from Kla Corporation
[{"type":"text","content":"- Total revenue was $1.54 billion, finishing near the high-end of guidance;\n - GAAP EPS was $2.69, and non-GAAP EPS was $3.03, each also finishing near the high-end of guidance;\n - Cash flow from operations was $512 million and free cash flow was $456 million;\n - Paid $141 million in dividends and repurchased $188 million in common stock\n\n\nMILPITAS, Calif., Oct. 28, 2020 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced operating results for its first quarter of fiscal year 2021, which ended on Sept. 30, 2020, and reported GAAP net income attributable to KLA of $421 million and GAAP earnings per diluted share attributable to KLA of $2.69 on revenue of $1.54 billion. \nLink: https://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg \n\"Our results demonstrate the resourcefulness of our global workforce, resiliency of our business model, and our continuing commitment to returning value to our shareholders,\" commented Rick Wallace, president and chief executive officer of KLA Corporation. \"In the September quarter we saw broad, diversified strength across each of our segments. Semiconductor Process Control was solidly above plan, and our Service business is on track to deliver double-digit growth in 2020. We also ended the quarter with a strong backlog, reflecting the enabling role KLA plays in our customers' drive to innovate and invest in next-generation technology.\"\nGAAP Results\nQ1 FY 2021\nQ4 FY 2020\nQ1 FY 2020\nTotal revenue\n$1,539 million\n$1,460 million\n$1,413 million\nNet Income Attributable to KLA\n$421 million\n$411 million\n$347 million\nEarnings per Diluted Share Attributable to KLA\n$2.69\n$2.63\n$2.16\nNon-GAAP Results\nQ1 FY 2021\nQ4 FY 2020\nQ1 FY 2020\nAdjusted Net Income Attributable to KLA\n$475 million\n$426 million\n$398 million\nEarnings per Diluted Share Attributable to KLA\n$3.03\n$2.73\n$2.48\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, goodwill impairment, restructuring, severance and other charges, loss on extinguishment of debt, and certain discrete tax items. KLA will discuss the results for its fiscal year 2021 first quarter, ...