KLA Corporation (KLAC) Tops Q2 EPS by 5c, Revenues Beat; Offers 3Q EPS/Revenue Guidance Above Consensus

KLA Corporation (NASDAQ: KLAC) reported Q2 EPS of $3.24, $0.05 better than the analyst estimate of $3.19. Revenue for the quarter came in at $1.65 billion versus the consensus estimate of $1.6 billion.

"Our results for the December quarter and calendar 2020 demonstrate continued strong demand from customers, exceptional execution by our global teams, and the enduring strength and resiliency of our KLA operating model in guiding our strategic objectives," commented Rick Wallace, president and chief executive officer of KLA Corporation. "In the December quarter we also generated record free cash flow while continuing our commitment to capital returns to our shareholders."

GUIDANCE:

KLA Corporation sees Q3 2021 EPS of $3.23-$3.91, versus the consensus of $3.21. KLA Corporation sees Q3 2021 revenue of $1.665-1.815 billion, versus the consensus of $1.61 billion.

The following details our guidance for the third quarter of fiscal 2021 ending in March:

• Total revenue between $1,665 million to $1,815 million
• GAAP diluted EPS attributable to KLA is expected to be in a range of $2.98 to $3.66
• Non-GAAP diluted EPS attributable to KLA in a range of $3.23 to $3.91

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

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