Press release
KLA Corporation Reports Fiscal 2021 Second Quarter Results
- Total revenues were $1.65 billion, finishing near the high-end of guidance; - GAAP diluted EPS attributable to KLA was $2.94, and non-GAAP diluted EPS
About this update from Kla Corporation
[{"type":"text","content":"- Total revenues were $1.65 billion, finishing near the high-end of guidance;\n - GAAP diluted EPS attributable to KLA was $2.94, and non-GAAP diluted EPS attributable to KLA was $3.24, each also finishing above the mid-point of guidance;\n - Cash flow from operations and free cash flow were both records at $561.1 million and $501.9 million, respectively;\n - Capital return was $317.1 million with $139.6 million in dividends and $177.5 million in share repurchases\n\n\nMILPITAS, Calif., Feb. 3, 2021 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced operating results for its second quarter of fiscal year 2021, which ended on Dec. 31, 2020, and reported GAAP net income attributable to KLA of $457 million and GAAP earnings per diluted share attributable to KLA of $2.94 on revenue of $1.65 billion. \nLink: https://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg \n\"Our results for the December quarter and calendar 2020 demonstrate continued strong demand from customers, exceptional execution by our global teams, and the enduring strength and resiliency of our KLA operating model in guiding our strategic objectives,\" commented Rick Wallace, president and chief executive officer of KLA Corporation. \"In the December quarter we also generated record free cash flow while continuing our commitment to capital returns to our shareholders.\"\nGAAP Results\nQ2 FY 2021\nQ1 FY 2021\nQ2 FY 2020\nTotal revenue\n$1,651 million\n$1,539 million\n$1,509 million\nNet Income Attributable to KLA\n$457 million\n$421 million\n$381 million\nEarnings per Diluted Share Attributable to KLA\n$2.94\n$2.69\n$2.40\nNon-GAAP Results\nQ2 FY 2021\nQ1 FY 2021\nQ2 FY 2020\nAdjusted Net Income Attributable to KLA\n$504 million\n$475 million\n$422 million\nEarnings per Diluted Share Attributable to KLA\n$3.24\n$3.03\n$2.66\nA reconciliation between GAAP operating results and non-GAAP operating results is provided following the financial statements included in this release. KLA will discuss the results for its fiscal year 2021 second quarter, along with its outlook, on a conference call today beginning at 2 p.m. PT. A webcast of the call will be available at: www.kla.com. \nThird Quarter Fiscal 2021 Guidance \nThe following details our guidance for the third quarter of fiscal 2021 ending in March: \nTotal revenue between $1,665 million to $1,815 m...