KLAC Stock Recent News

KLA Corporation is a market leader in semiconductor process control, specializing in defect inspection and wafer metrology. The company has demonstrated strong financial performance in Q1'24, with $2.4B in total revenue and $816M in free cash flow for the quarter and a gross margin of 62.4%. KLA's growing service segment, diverse customer base, and substantial cash holdings make it resilient to market uncertainty and a steady source of revenue for investors.

KLA Corporation (NASDAQ:KLAC ) Q1 2024 Earnings Conference Call October 25, 2023 5:00 PM ET Company Participants Kevin Kessel - VP, IR and Market Analytics Rick Wallace - CEO Bren Higgins - CFO Conference Call Participants Vivek Arya - Bank of America Securities Harlan Sur - JPMorgan Joe Quatrochi - Wells Fargo Chris Caso - Wolfe Research Atif Malik - Citi Sidney Ho - Deutsche Bank Krish Sankar - TD Cowen Timothy Arcuri - UBS Charles Shi - Needham Joe Moore - Morgan Stanley Blayne Curtis - Barclays Mehdi Hosseini - SIG Brian Chin - Stifel Operator Good afternoon. My name is Chelsea, and I will be your conference operator today.

Although the revenue and EPS for KLA (KLAC) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

KLA (KLAC) came out with quarterly earnings of $5.74 per share, beating the Zacks Consensus Estimate of $5.39 per share. This compares to earnings of $7.06 per share a year ago.

CNBC's Kristina Partsinevelos joins 'Squawk on the Street' with the latest news.

Investors interested in stocks from the Electronics - Miscellaneous Products sector have probably already heard of Carrier Global (CARR) and KLA (KLAC). But which of these two stocks is more attractive to value investors?

Semiconductor equipment maker KLA announced a 12% increase to its quarterly dividend and raised its stock buyback plans.

Shares of KLA Corp. KLAC, +1.03% rose 0.2% in premarket trading Tuesday toward a seventh-straight gain, after the semiconductor equipment maker raised its dividend by 11.5% and increased its stock repurchase program by $2 billion. The new quarterly dividend was lifted to $1.45 a share from $1.30 a share.

KLA's (KLAC) fiscal fourth-quarter results are hurt by sluggish Semiconductor Process Control and PCB, Display and Component Inspection segments.

On July 28, 2023, KLA Corp ( KLAC , Financial) saw a daily gain of 5.48%, with its Earnings Per Share (EPS) (EPS) standing at 24.52. The question on many investors' minds is whether this semiconductor giant is fairly valued.