Press release
KLA Corporation Reports Fiscal 2023 Second Quarter Results
Total revenues were $2.98 billion, above the guidance range of $2.65 to $2.95 billion;GAAP diluted EPS attributable to KLA was $6.89 and non-GAAP diluted EPS
About this update from Kla Corporation
[{"type":"text","content":"Total revenues were $2.98 billion, above the guidance range of $2.65 to $2.95 billion;GAAP diluted EPS attributable to KLA was $6.89 and non-GAAP diluted EPS attributable to KLA was $7.38, each finishing within the respective guidance ranges;Cash flow from operating activities and free cash flow were $688.3 million and $594.6 million, respectively; andCapital returns were $539.2 million, split between $184.2 million in dividends paid and $355.0 million in share repurchases.MILPITAS, Calif., Jan. 26, 2023 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced financial and operating results for its second quarter of fiscal year 2023, which ended on Dec. 31, 2022, and reported GAAP net income attributable to KLA of $978.8 million and GAAP earnings per diluted share attributable to KLA of $6.89 on revenue of $2.98 billion.\nhttps://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg \n\"The December quarter marked another strong period of growth and profitability, as we navigated through marketplace volatility and supply chain challenges,\" said Rick Wallace, president and CEO of KLA Corporation. \"As the semiconductor industry manages capacity adjustments in calendar 2023 following three years of substantial growth, KLA is well positioned to maintain our technology leadership through continued investment in next generation products that help enable our customers' technology roadmaps.\" \nGAAP Results\nQ2 FY 2023\nQ1 FY 2023\nQ2 FY 2022\nTotal Revenue\n$2,984 million\n$2,724 million\n$2,353 million\nNet Income Attributable to KLA\n$979 million\n$1,026 million\n$717 million\nNet Income per Diluted Share Attributable to KLA\n$6.89\n$7.20\n$4.71\nNon-GAAP Results\nQ2 FY 2023\nQ1 FY 2023\nQ2 FY 2022\nNet Income Attributable to KLA\n$1,048 million\n$1,007 million\n$851 million\nNet Income per Diluted Share Attributable to KLA\n$7.38\n$7.06\n$5.59\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 2023 second quarter, along with its outlook, on a conference call today beginning at 3 p.m. PT. A webcast of the call will be available at: www.kla.com.\nThird Quarter Fiscal 2023 Guidance \nThe following details our guidance for the third quarter of fiscal 2023 ending in March:\nTot...