KLA Corporation (KLAC) Tops Q3 EPS by 19c

KLA Corporation (NASDAQ: KLAC) reported Q3 EPS of $2.47, $0.19 better than the analyst estimate of $2.28. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.39 billion.

"KLA delivered solid results in the March quarter, demonstrating strong demand for KLA's products and services coupled with exceptional execution across our global operations, while facing the unprecedented challenges associated with COVID-19," commented Rick Wallace, president and chief executive officer of KLA Corporation. "KLA's performance in the March quarter highlights how the KLA operating model provides a strong and resilient framework for us to predictably deliver on our commitments and support our customers. KLA is performing well under extraordinary conditions. In this environment, our first priority is to preserve and protect the health and safety of our employees and their families, while we maintain our long-term strategy and operate in a way that preserves our flexibility to deliver the essential products and services our customers both demand and require."

For earnings history and earnings-related data on KLA Corporation (KLAC) click here.

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