Press release
KLA Corporation Reports Fiscal 2024 Fourth Quarter Results and Full Year Results
For the quarter, total revenues were $2.569 billion, at the upper end of the guidance range of $2.5 billion +/- $125 million;For the quarter, GAAP diluted EPS
About this update from Kla Corporation
[{"type":"text","content":"For the quarter, total revenues were $2.569 billion, at the upper end of the guidance range of $2.5 billion +/- $125 million;For the quarter, GAAP diluted EPS attributable to KLA was $6.18 and non-GAAP diluted EPS attributable to KLA was $6.60, each finishing above the midpoints of the respective guidance ranges;Cash flow from operating activities for the quarter and fiscal year was $892.6 million and $3.31 billion, respectively, and free cash flow was $831.9 million and $3.03 billion, respectively; andCapital returns for the quarter and fiscal year were $667.8 million and $2.51 billion, respectively.MILPITAS, Calif., July 24, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced financial and operating results for its fourth quarter and fiscal year ended June 30, 2024. KLA reported GAAP net income attributable to KLA of $836.4 million and GAAP diluted earnings per share (\"EPS\") attributable to KLA of $6.18 on total revenues of $2.57 billion for the fourth quarter of fiscal year 2024. For the fiscal year ended June 30, 2024, KLA reported GAAP net income attributable to KLA of $2.76 billion and GAAP diluted EPS attributable to KLA of $20.28 on total revenues of $9.81 billion.\n\n\"KLA's June quarter results exceeded expectations, including revenue, gross margin and EPS, which were all above their respective guidance midpoints, demonstrating the enduring power and differentiation of the KLA portfolio,\" said Rick Wallace, President and CEO, KLA Corporation. \"We are encouraged by the early signs of a strengthening market environment for our customers at the leading edge and are increasingly confident in our plan for steady improvement throughout the remainder of this calendar year and into 2025.\"\nGAAP Results\nQ4 FY 2024\nQ3 FY 2024\nQ4 FY 2023\nTotal Revenues\n$2,569 million\n$2,360 million\n$2,355 million\nNet Income Attributable to KLA \n$836 million\n$602 million\n$685 million\nNet Income per Diluted Share Attributable to KLA \n$6.18\n$4.43\n$4.97\nNon-GAAP Results\nQ4 FY 2024\nQ3 FY 2024\nQ4 FY 2023\nNet Income Attributable to KLA \n$893 million\n$715 million\n$743 million\nNet Income per Diluted Share Attributable to KLA \n$6.60\n$5.26\n$5.40\nA reconciliation between GAAP operating results and non-GAAP operating results is provided following the financial statements included in this release. KLA will discu...