Press release
KLA Corporation Reports Fiscal 2022 Third Quarter Results
Total revenues were $2.29 billion, towards the high-end of the range of guidance;GAAP diluted EPS attributable to KLA was $4.83 and non-GAAP diluted EPS
About this update from Kla Corporation
[{"type":"text","content":"Total revenues were $2.29 billion, towards the high-end of the range of guidance;GAAP diluted EPS attributable to KLA was $4.83 and non-GAAP diluted EPS attributable to KLA was $5.13, each above the midpoint of the ranges of guidance;Cash flow from operating activities and free cash flow were $818.9 million and $718.6 million, respectively; andCapital returns were $723.7 million with $159.0 million in dividends paid and $564.7 million in share repurchases.MILPITAS, Calif., April 28, 2022 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced operating results for its third quarter of fiscal year 2022, which ended on March 31, 2022 and reported GAAP net income attributable to KLA of $730.6 million and GAAP earnings per diluted share attributable to KLA of $4.83 on revenue of $2.29 billion.\nLogo - https://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg \n\"Our March quarter results demonstrate strong execution across multiple areas of our business, delivering revenue, GAAP and non-GAAP earnings per share all above the midpoint of the guidance ranges for the quarter,\" commented Rick Wallace, president and chief executive officer of KLA Corporation. \"The demand environment for KLA products and solutions remains robust amidst a persistently challenging supply chain landscape, and we are focused on navigating this environment to consistently meet customer commitments and delivering on our long-term strategic objectives and financial targets.\"\n \nGAAP Results\nQ3 FY 2022\nQ2 FY 2022\nQ3 FY 2021\nTotal Revenue\n$2,289 million\n$2,353 million\n$1,804 million\nNet Income Attributable to KLA\n$731 million\n$717 million\n$567 million\nNet Income per Diluted Share Attributable to KLA\n$4.83\n$4.71\n$3.66\nNon-GAAP Results\nQ3 FY 2022\nQ2 FY 2022\nQ3 FY 2021\nNet Income Attributable to KLA\n$776 million\n$851 million\n$598 million\nNet Income per Diluted Share Attributable to KLA\n$5.13\n$5.59\n$3.85\n \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 2022 third 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.\nFourth Quarter Fiscal 2022 Guidance The following details our guidance...