Press release
KLA Corporation Reports Fiscal 2025 Second Quarter Results
Total revenues were $3.08 billion, at the upper end of the guidance range of $2.95 billion +/- $150 million;GAAP diluted EPS was $6.16. Non-GAAP diluted EPS
About this update from Kla Corporation
[{"type":"text","content":"Total revenues were $3.08 billion, at the upper end of the guidance range of $2.95 billion +/- $150 million;GAAP diluted EPS was $6.16. Non-GAAP diluted EPS was $8.20, near the upper end of the guidance range. GAAP EPS was impacted by a $239.1 million impairment charge for goodwill and purchased intangible assets, or $1.76 per diluted share.Cash flow from operating activities for the quarter and last twelve months were $849.5 million and $3.65 billion, respectively, and free cash flow was $757.2 million and $3.36 billion, respectively; andCapital returns for the quarter and last twelve months were $876.9 million and $2.88 billion, respectively.MILPITAS, Calif., Jan. 30, 2025 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced financial and operating results for its second quarter of fiscal year 2025, which ended on Dec. 31, 2024, and reported GAAP net income of $824.5 million and GAAP net income per diluted share of $6.16 on revenues of $3.08 billion.\n\n\"KLA's December quarter results were above the midpoint of our guidance ranges despite navigating through the business impact of new U.S. government export controls released late in the quarter. These results supported a strong finish to calendar 2024 for KLA highlighted by relative revenue growth outperformance and strong profitability,\" said Rick Wallace, president and CEO, KLA Corporation. \"The return to growth at the leading-edge continues to gain momentum led by expanding AI and high-performance computing investments. KLA's differentiated portfolio of solutions aligns exceptionally well in helping enable our customers to navigate increasing technology complexity, growing design starts and larger semiconductor devices in an environment of rising semiconductor demand.\"\nGAAP Results\nQ2 FY 2025\nQ1 FY 2025\nQ2 FY 2024\nTotal Revenues\n$3,077 million\n$2,842 million\n$2,487 million\nNet Income\n$825 million\n$946 million\n$583 million\nNet Income per Diluted Share\n$6.16\n$7.01\n$4.28\nNon-GAAP Results\nQ2 FY 2025\nQ1 FY 2025\nQ2 FY 2024\nNet Income\n$1,098 million\n$988 million\n$839 million\nNet Income per Diluted Share\n$8.20\n$7.33\n$6.16\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 2025 second quarte...