{"id":484715,"date":"2021-04-29T16:14:31","date_gmt":"2021-04-29T20:14:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kla-corporation-reports-fiscal-2021-third-quarter-results\/"},"modified":"2021-04-29T16:14:31","modified_gmt":"2021-04-29T20:14:31","slug":"kla-corporation-reports-fiscal-2021-third-quarter-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kla-corporation-reports-fiscal-2021-third-quarter-results\/","title":{"rendered":"KLA Corporation Reports Fiscal 2021 Third Quarter Results"},"content":{"rendered":"
\n

– Total revenues were $1.80 billion, finishing at the upper end of the range of guidance;<\/h2>\n

– GAAP diluted EPS attributable to KLA was $3.66, and non-GAAP diluted EPS attributable to KLA was $3.85, each also finishing at the upper end of the range of guidance;<\/h2>\n

– Cash flow from operations and free cash flow were both records at $646.2 million and $585.0 million, respectively;<\/h2>\n

– Capital return was $412.7 million with $139.3 million in dividends and $273.4 million in share repurchases<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n MILPITAS, Calif.<\/span>, April 29, 2021<\/span> \/PRNewswire\/ —\u00a0KLA Corporation<\/a> (NASDAQ: KLAC) today announced operating results for its third quarter of fiscal year 2021, which ended on March\u00a031, 2021, and reported GAAP net income attributable to KLA of $567 million<\/span> and GAAP earnings per diluted share attributable to KLA of $3.66<\/span> on revenue of $1.80 billion<\/span>. <\/p>\n

Link:\u00a0https:\/\/mma.prnewswire.com\/media\/806571\/KLA_Corporation_Logo.jpg<\/a><\/p>\n

“KLA’s March quarter results demonstrate strong momentum in our business. We have seen a sharp increase in business levels in each of our major end markets, driven by secular demand trends across a broad range of semiconductor markets and applications,” commented Rick Wallace<\/span>, president and chief executive officer of KLA Corporation. “Against this backdrop, KLA continues to demonstrate our ability to meet customer requirements while growing operating profits, generating record free cash flow, and maintaining our long-term strategy of productive capital allocation.” <\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n GAAP Results<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n
\n Q3 FY 2021<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Q2 FY 2021<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Q3 FY 2020<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Total revenue<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,804 million<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,651 million<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,424 million<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Income Attributable to KLA<\/span>\n <\/p>\n<\/td>\n

\n

\n $567 million<\/span>\n <\/p>\n<\/td>\n

\n

\n $457 million<\/span>\n <\/p>\n<\/td>\n

\n

\n $78 million<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Income per Diluted Share Attributable to KLA<\/span>\n <\/p>\n<\/td>\n

\n

\n $3.66<\/span>\n <\/p>\n<\/td>\n

\n

\n $2.94<\/span>\n <\/p>\n<\/td>\n

\n

\n $0.50<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Non-GAAP Results<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n
\n Q3 FY 2021<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Q2 FY 2021<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Q3 FY 2020<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Income Attributable to KLA<\/span>\n <\/p>\n<\/td>\n

\n

\n $598 million<\/span>\n <\/p>\n<\/td>\n

\n

\n $504 million<\/span>\n <\/p>\n<\/td>\n

\n

\n $389 million<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Income per Diluted Share Attributable to KLA<\/span>\n <\/p>\n<\/td>\n

\n

\n $3.85<\/span>\n <\/p>\n<\/td>\n

\n

\n $3.24<\/span>\n <\/p>\n<\/td>\n

\n

\n $2.47<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

A reconciliation between GAAP operating results and non-GAAP operating results is provided following the financial statements included in this release. KLA will discuss the results for its fiscal year\u00a02021\u00a0third\u00a0quarter, along with its outlook, on a conference call today beginning at 2 p.m. PT<\/span>. A webcast of the call will be available at:\u00a0www.kla.com<\/a><\/u>. <\/p>\n

\n Fourth Quarter Fiscal 2021 Guidance <\/b>\n <\/p>\n

The following details our guidance for the fourth quarter of fiscal 2021 ending in June: <\/p>\n