KLA said it reported revenue of $2.36 billion, GAAP net income of $601.5 million and GAAP diluted earnings per share of $4.43 for fiscal 2024 Q3, which ended on March 31, 2024. Non-GAAP diluted earnings per share was $5.26.

1. 01

   KLA said it reported revenue of $2.36 billion, GAAP net income of $601.5 million and GAAP diluted earnings per share of $4.43 for fiscal 2024 Q3, which ended on March 31, 2024. Non-GAAP diluted earnings per share was $5.26.

2. 02

   The company said operating cash flow for the quarter was $910.0 million and free cash flow was $838.2 million, and that capital returns were $569.4 million. For the last 9 months, the figures were $2.42 billion, $2.20 billion and $1.84 billion, respectively.

3. 03

   KLA recognized impairment of goodwill and purchased intangible assets of $70,474 thousand in the 3 months ended March 31, 2024. The company cited the downward revision of the outlook for its PCB and Display reporting units and the decision to exit the Display business as factors, and said the cancellation of a significant new technology project by a major customer was one of many factors behind the impairment.

4. 04

   KLA said it expects total revenue for the fourth quarter of fiscal 2024, ending in June, to be $2.50 billion +/- $125 million, non-GAAP gross margin to be 61.5% +/- 1.0%, and non-GAAP diluted earnings per share to be $6.07 +/- $0.60. The quarter referenced is Q4.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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