Press release
KLA Corporation Reports Fiscal 2025 Third Quarter Results; Announces an Increase in the Dividend Level to $1.90 Per Share and a $5 billion Increase in Share Repurchase Authorization
Total revenues were $3.06 billion, above the midpoint of the guidance range of $3.0 billion +/- $150 million;GAAP diluted EPS was $8.16 and non-GAAP diluted
About this update from Kla Corporation
[{"type":"text","content":"Total revenues were $3.06 billion, above the midpoint of the guidance range of $3.0 billion +/- $150 million;GAAP diluted EPS was $8.16 and non-GAAP diluted EPS was $8.41, both above the midpoints of the respective guidance ranges;Cash flow from operating activities for the quarter and last nine months were $1.07 billion and $2.92 billion, respectively, and free cash flow was $990.0 million and $2.68 billion, respectively;Capital returns for the quarter and last nine months were $732.5 million and $2.37 billion, respectively; andThe Board of Directors approved an increase to the quarterly dividend level to $1.90 per share beginning with the dividend expected to be declared in May 2025 and an additional $5 billion for repurchases of our common stock.MILPITAS, Calif., April 30, 2025 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced financial and operating results for its third quarter of fiscal year 2025, which ended on March 31, 2025, and reported GAAP net income of $1.09 billion and GAAP net income per diluted share of $8.16 on revenues of $3.06 billion.\n\n\"KLA's March quarter results were above the midpoint of our guidance ranges and established a strong start to the calendar year. Though global trade dynamics are driving uncertainty across the global economy, to date, we have received no indications of demand changes from our customers for calendar year 2025,\" said Rick Wallace, president and CEO, KLA Corporation. \"We remain encouraged by KLA's growing relevancy in semiconductor manufacturing. Our leadership in process control is a key enabler of today's leading-edge AI investments by our customers and continues to be affirmed through recently published market share results. Our capital return announcements today reflect this confidence in the long-term value of KLA. As always, the KLA Operating Model continues to be fundamental as we make critical investments to drive differentiation across our product portfolio, and it guides our execution against long-term strategic objectives.\"\nGAAP Results\nQ3 FY 2025\nQ2 FY 2025\nQ3 FY 2024\nTotal Revenues\n$3,063 million\n$3,077 million\n$2,360 million\nNet Income\n$1,088 million\n$825 million\n$602 million\nNet Income per Diluted Share\n$8.16\n$6.16\n$4.43\nNon-GAAP Results\nQ3 FY 2025\nQ2 FY 2025\nQ3 FY 2024\nNet Income\n$1,121 million\n$1,098 million\n$715 million\...