KLA leverages cutting-edge semiconductor inspection tech, partnering with industry leaders like TSMC and Samsung. This positions them to capitalize on the growing demand for 2nm and 3nm chip manufacturing. Holding a 50% global market share in process control, KLA benefits from the surge in AI-driven GPU demand and significant investments by major foundries, driving revenue growth. With a 9% Q4'24 revenue increase, high profitability, substantial share buybacks, and an undervalued stock post sell-off, KLA is poised for a potential 10-20% upside.
KLA (KLAC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Evaluate KLA's (KLAC) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
The Investment Committee debate the latest Calls Of The Day.
KLAC's first-quarter fiscal 2025 results reflect robust performance from the Semiconductor Process Control segment.
KLA Corporation (NASDAQ:KLAC ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Kevin Kessel - VP, IR and Market Analytics Richard Wallace - CEO Bren Higgins - CFO Conference Call Participants Vivek Arya - Bank of America Harlan Sur - JPMorgan Joe Quatrochi - Wells Fargo C.J. Muse - Cantor Fitzgerald Tom O'Malley - Barclays Srini Pajjuri - Raymond James Krish Sankar - TD Cowen Joseph Moore - Morgan Stanley Charles Shi - Needham Atif Malik - Citi Timothy Arcuri - UBS Toshiya Hari - Goldman Sachs Chris Caso - Wolfe Research Blayne Curtis - Jefferies Operator Good afternoon everyone.
While the top- and bottom-line numbers for KLA (KLAC) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
KLA (KLAC) came out with quarterly earnings of $7.33 per share, beating the Zacks Consensus Estimate of $7.03 per share. This compares to earnings of $5.74 per share a year ago.
Chipmaking equipment supplier KLA Corp forecast second-quarter revenue above Wall Street estimates on Wednesday, betting on growing demand for chips to support artificial intelligence workloads.
KLAC's fiscal first-quarter performance is likely to have benefited from the strong performance of its wafer inspection business.
Evaluate the expected performance of KLA (KLAC) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
KLA (KLAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.