From Financial Modeling Prep: 2025-01-31 08:31:00

KLA Corporation (NASDAQ:KLAC) exceeded expectations in Q2, with earnings per share of $8.20 and revenue of $3.08 billion. Stock rose nearly 4% in pre-market trading. Despite U.S. government chip export restrictions, the company saw sustained demand across its product portfolio, leading to a strong performance.

For Q3, KLA forecasts revenue of around $3.0 billion, surpassing analysts’ expectations of $2.88 billion. Adjusted earnings per share are projected to be approximately $8.05, compared to Wall Street’s estimate of $7.47. Management emphasized the company’s ability to navigate regulatory challenges while maintaining operational strength.

KLA’s Q2 results exceeded internal guidance despite the impact of export restrictions. The company remains optimistic about its performance in the coming quarters, highlighting its ability to overcome challenges and deliver strong financial results.



Read more at Financial Modeling Prep:: KLA Corporation Stock Gains 4% Following Q2 Beat