On April 26, 2023 KLA Corporation (NASDAQ: KLAC) announced financial and operating results for its third quarter of fiscal year 2023, which ended on March 31, 2023, and reported GAAP net income of $697.8 million and GAAP earnings per diluted share of $5.03 on revenue of $2.43 billion.

√ Total revenues were $2.43 billion, above the midpoint of the guidance range of $2.20 to $2.50 billion;

√ GAAP diluted EPS was $5.03 and non-GAAP diluted EPS was $5.49, each finishing above the midpoint of the respective guidance ranges;

√ Cash flow from operating activities and free cash flow were $1,010.9 million and $925.9 million, respectively; and

√ Capital returns were $659.0 million, split between $180.9 million in dividends paid and $478.2 million in share repurchases.(Here is the PDF file)

Fourth Quarter Fiscal 2023 Guidance

The following details our guidance for the fourth quarter of fiscal 2023 ending in June:

√ Total revenues is expected to be between $2,125 million to $2,375 million

√ GAAP gross margin is expected to be in a range of 57.58% to 59.85%

√ Non-GAAP gross margin is expected to be in a range of 59.75% to 61.75%

√ GAAP diluted EPS is expected to be in a range of $3.87 to $5.07

√ Non-GAAP diluted EPS is expected to be in a range of $4.23 to $5.43

About KLA:

KLA Corporation ("KLA") develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays. In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward. 

Further information about KLA from PCB UNION:KLA Launches New Double-Sided Direct Imaging Platform Supporting Continued Innovation for PCBs and IC Substrates