$KLAC (+0.28%)
| KLA Corporation Q1'25 Earnings Highlights:

🔹 EPS (Non-GAAP): $7.33 (Est. $7.04) 🟢

🔹 Revenue: $2.84B (Est. $2.75B) 🟢; UP +18.6% YoY

Q2'25 Guidance:

🔹 Revenue: $2.95B +/- $150M (Est. $2.85B) 🟢

🔹 Non-GAAP EPS: $7.75 +/- $0.60 (Est. $7.40) 🟢

🔹 Non-GAAP Gross Margin: 61.5% +/- 1.0%

Key Financial Metrics (Non-GAAP):

🔹 Net Income $988M (vs. $786M in Q1'24)

🔹 Free Cash Flow: $934.8M (Last 12 Months: $3.15B)

🔹 Operating Cash Flow: $995.2M (Last 12 Months: $3.42B)

🔹 Capital Returns: $765.5M this quarter (YTD: $2.64B)

Business Highlights:

🔸 Revenue Growth Drivers: Strong performance despite customer challenges, with sequential revenue growth expected through 2024 and into 2025.

🔸 Customer Investments: Focused on leading-edge AI and high-performance computing applications.

🔸 Operational Excellence: Disciplined execution and a robust product portfolio position KLA to capture semiconductor growth opportunities.

CEO Rick Wallace’s Commentary:

🔸 "KLA’s Q1 results reflect our continued outperformance and sequential revenue growth. We remain optimistic about semiconductor market growth in Q4 2024 and 2025, as KLA supports customer investments in advanced technologies."