Kla Corporation ( (KLAC) ) has released its Q2 earnings. Here is a breakdown of the information Kla Corporation presented to its investors.
KLA Corporation is a leading supplier of process control and yield management solutions for the semiconductor and microelectronics industries, offering a comprehensive range of products and services to enhance manufacturing efficiency. In its latest earnings report, KLA Corporation announced that it achieved record revenue of $10.85 billion in 2024, marking a 12% growth driven by increased demand in AI and high-performance computing sectors. The company’s December quarter revenue surpassed $3 billion for the first time, with a non-GAAP EPS of $8.20, despite challenges from U.S. export controls. Key highlights include a strong performance in the process control systems and services business, with a 15% growth in services revenue. KLA’s advanced packaging and AI integration further fueled its market success. Looking ahead, KLA anticipates continued growth in 2025, driven by investments in leading-edge technologies and process control, positioning it well to outperform the Wafer Fab Equipment market.