KLA said product revenue for the 3 months ended September 30, 2024 rose from $1.84 billion a year earlier to $2.20 billion, and service revenue increased from $560.3 million to $644.2 million.

1. 01

   KLA said product revenue for the 3 months ended September 30, 2024 rose from $1.84 billion a year earlier to $2.20 billion, and service revenue increased from $560.3 million to $644.2 million.

2. 02

   The company said China was its largest region by revenue, at 42% of total revenue for the 3 months (43% a year earlier), with North America second at 18% (10% a year earlier). It said revenue from Japan fell 17% year over year.

3. 03

   KLA said gross margin decreased from a year earlier for the 3 months ended September 30, 2024, citing a less profitable mix of products and services sold as the main factor. It said higher revenue volume and other factors partially offset the decline.

4. 04

   KLA said net cash provided by operating activities was $995.2 million for the 3 months ended September 30, 2024, and that it used $567.4 million for share repurchases and $198.1 million for dividends and dividend equivalent payments.

Key figures

Quarter ended September 30, 2024

Revenue

$2.8B

Net income

$946M

EPS

$7.01

Operating cash flow

$995M

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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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