KLA fiscal Q1 earnings and revenue surpass Wall Street expectations
FROM THE WIRE · FINANCE.YAHOO.COM
MILPITAS, Calif. (AP) — MILPITAS, Calif. (AP) — KLA Corporation (KLAC) on Wednesday reported fiscal first-quarter net income of $1.55 billion. The Milpitas, California-based company said it had net income of $1.18 per share. Earnings, adjusted for one-time gains and costs, came…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA semiconductor equipment maker beats estimates and guides revenue for the next quarter above the consensus range.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01KLA reported adjusted EPS of $1.22 against an estimate of $1.18.
- 02Revenue for the period was $4.14 billion versus $4.05 billion expected.
- 03For the quarter ending in December, EPS is expected between $1.33 and $1.55.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
KLA Corporation158.77 USDMarket closedtoday +3.33%Positive KLA Corporation42.52 BRLMarket closedtoday +3.91%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets