KLAC Stock Recent News

KLA Corp forecast revenue and profit for its fiscal first quarter above expectations after posting better-than-expected results for the preceding three months on Wednesday, sending its shares up 3% in after-hours trading.

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; and Capital returns for the quarter and fiscal year were $667.8 million and $2.51 billion, respectively. MILPITAS, Calif.

Here is how KLA (KLAC) and HP (HPQ) have performed compared to their sector so far this year.

Nvidia (NASDAQ: NVDA ) got caught up in the volatility of the hailstorm hitting the semiconductor market these past few weeks. And though this double-digit percent plunge off recent highs will probably end up nothing more than a blip in the one-year chart next summer, investors who are overly anxious about buying on weakness may wish to consider some of the alternative growth plays on the market right now.

The latest trading day saw KLA (KLAC) settling at $867.18, representing a +1.06% change from its previous close.

Citigroup analyst Atif Malik says chip-testing company KLA has moved ahead to become his top stock pick.

KLA Corporation: Is Positioned For A Cyclical Upswing Driven By AI

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

MILPITAS, Calif. , July 2, 2024 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced that the company will review fourth quarter fiscal year 2024 earnings on Wednesday, July 24, 2024 at 2 p.m.

KLA (KLAC) closed at $814.87 in the latest trading session, marking a +0.19% move from the prior day.