KLA Fiscal Q2 Non-GAAP Earnings, Revenue Increase; Q3 Outlook Issued -- Shares Rise After Hours

MT Newswires Live
01-31

KLA (KLAC) reported fiscal Q2 non-GAAP diluted earnings late Thursday of $8.20 per share, up from $6.16 a year earlier.

Three analysts polled by FactSet expected $8.16.

Revenue in the quarter ended Dec. 31 rose to $3.08 billion from $2.49 billion a year earlier. Analysts surveyed by FactSet expected $2.95 billion.

The company expects fiscal Q3 non-GAAP diluted earnings of $8.05 a share, plus or minus $0.60. Three analysts surveyed by FactSet expect $7.94.

The company expects revenue in Q3 of $3 billion, plus or minus $150 million. Analysts polled by FactSet expect $2.89 billion.

Shares of the company were up more than 4% in recent after-hours activity.

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