From Financial Modeling Prep: 2025-05-01 12:38:00

KLA Corporation (NASDAQ:KLAC) exceeded expectations with strong third-quarter results, reporting adjusted earnings of $8.41 per share and revenue of $3.06 billion, up nearly 30% year-over-year. CEO Rick Wallace highlighted strong execution and momentum. However, shares dipped over 2% as investors considered a more measured outlook for the current quarter.

Looking forward, KLA projected fourth-quarter revenue between $2.925 billion and $3.225 billion, with adjusted earnings per share ranging from $7.75 to $9.31. The wide range of guidance may have led to investor caution despite the company’s confidence in continued profitability.

In a show of confidence in its long-term growth prospects, KLA announced an 11.8% increase in its quarterly dividend to $1.90 per share starting in May. Additionally, the company authorized an additional $5 billion in share repurchases, further signaling its positive outlook for the future.



Read more at Financial Modeling Prep:: KLA Beats Q3 Estimates, Hikes Dividend, But Cautious Q4 Outlook Weighs on Shares