Press release
KLA Corporation Reports Fiscal 2023 Third Quarter Results
Total revenues were $2.43 billion, above the midpoint of the guidance range of $2.20 to $2.50 billion;GAAP diluted EPS was $5.03 and non-GAAP diluted EPS was
About this update from Kla Corporation
[{"type":"text","content":"Total revenues were $2.43 billion, above the midpoint of the guidance range of $2.20 to $2.50 billion;GAAP diluted EPS was $5.03 and non-GAAP diluted EPS was $5.49, each finishing above the midpoint of the respective guidance ranges;Cash flow from operating activities and free cash flow were $1,010.9 million and $925.9 million, respectively; andCapital returns were $659.0 million, split between $180.9 million in dividends paid and $478.2 million in share repurchases.MILPITAS, Calif., April 26, 2023 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced financial and operating results for its third quarter of fiscal year 2023, which ended on March 31, 2023, and reported GAAP net income of $697.8 million and GAAP earnings per diluted share of $5.03 on revenue of $2.43 billion.\n\n \n \n \n \n \n \n\n \nhttps://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg \n\"The March quarter delivered revenue, GAAP and non-GAAP earnings per share above the midpoint of the guidance ranges, reflecting solid execution in a challenging industry environment,\" said Rick Wallace, president and CEO of KLA Corporation. \"In addition, KLA's customer focus and product portfolio strategy has been validated by recently published Wafer Fab Equipment (\"WFE\") industry analysis for calendar year 2022 that shows increased market leadership in the process control market. This performance reinforces the strength of the KLA Operating Model and the value of KLA to our customers' fab productivity and technology roadmaps.\"\nGAAP Results\nQ3 FY 2023\nQ2 FY 2023\nQ3 FY 2022\nTotal Revenue\n$2,433 million\n$2,984 million\n$2,289 million\nNet Income Attributable to KLA\n$698 million\n$979 million\n$731 million\nNet Income per Diluted Share Attributable to KLA\n$5.03\n$6.89\n$4.83\nNon-GAAP Results\nQ3 FY 2023\nQ2 FY 2023\nQ3 FY 2022\nNet Income Attributable to KLA\n$761 million\n$1,048 million\n$776 million\nNet Income per Diluted Share Attributable to KLA\n$5.49\n$7.38\n$5.13\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 third quarter, along with its outlook, on a conference call today beginning at 2 p.m. Pacific Time. A webcast of the call will be available at: www.kla.com.\nFourth Quarter ...