FMP
KLA Corporation Beats Q2 Results, But Guidance Misses Expectations
Jan 29, 2024 3:32 PM - Davit Kirakosyan
Image credit: FMP
KLA Corporation (NASDAQ:KLAC) announced robust financial results for its second fiscal quarter, with earnings per share (EPS) of $6.16 surpassing the consensus estimate of $5.89. The company's revenue for the quarter reached $2.49 billion, exceeding the anticipated $2.45 billion.
Looking to the third quarter, KLA predicts its EPS will range from $4.66 to $5.86, with the midpoint falling below the consensus estimate of $5.85. The company's revenue forecast for Q3 is set between $2.175 billion and $2.425 billion, which is lower than the consensus projection of $2.46 billion.
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