KLA Corporation Reports Fiscal 2025 Second Quarter Results

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KLA Corporation announced financial and operating results for its second quarter of fiscal year 2025, which ended on Dec. 31, 2024, and reported GAAP net income of $824.5 million and GAAP net income per diluted share of $6.16 on revenues of $3.08 billion.

"KLA's December quarter results were above the midpoint of our guidance ranges despite navigating through the business impact of new U.S. government export controls released late in the quarter. These results supported a strong finish to calendar 2024 for KLA highlighted by relative revenue growth outperformance and strong profitability," said Rick Wallace, president and CEO, KLA Corporation. "The return to growth at the leading-edge continues to gain momentum led by expanding AI and high-performance computing investments. KLA's differentiated portfolio of solutions aligns exceptionally well in helping enable our customers to navigate increasing technology complexity, growing design starts and larger semiconductor devices in an environment of rising semiconductor demand."

Third Quarter Fiscal 2025 Guidance

The following details our guidance for the third quarter of fiscal 2025 ending in March:

• Total revenues is expected to be in a range of $3.0 billion +/- $150 million
• GAAP gross margin is expected to be in a range of 60.6% +/- 1.0%
• Non-GAAP gross margin is expected to be in a range of 62.0% +/- 1.0%
• GAAP diluted EPS is expected to be in a range of $7.77 +/- $0.60
• Non-GAAP diluted EPS is expected to be in a range of $8.05 +/- $0.60