KLA Corporation's Stock Analysis

KLA Board Changes and Quarterly Dividend Announcement

Gary Moore and Emiko Higashi will retire from KLA's Board of Directors effective at the 2025 annual meeting. They have no disagreements with the company. Tracy Embree and Jason Conley are expected to be nominated as new directors, with Embree bringing experience from Otis and Cummins, while Conley has a background in finance from Roper Technologies.

KLA's Board declared a quarterly cash dividend of $1.90 per share, payable on September 3, 2025, to shareholders of record by August 18, 2025. This announcement highlights the company's ongoing commitment to returning value to its shareholders while also undergoing leadership transitions within its Board.

Aug 07, 2025 17:26:53

KLA Reports Q4 and Full Year Financial Results for 2025

KLA Corporation announced its financial results for the fourth quarter and full fiscal year 2025, reporting total revenues of $3.175 billion for the quarter and $12.16 billion for the year. The company achieved a GAAP net income of $1.20 billion for the fourth quarter, translating to a GAAP diluted earnings per share (EPS) of $9.06. For the full fiscal year, GAAP net income was $4.06 billion with a diluted EPS of $30.37. Operating cash flow for the quarter was $1.16 billion, while free cash flow reached $1.06 billion, marking a record for the quarter.

For the first quarter of fiscal 2026, KLA provided guidance with expected total revenues between $3.15 billion and $3.30 billion. The company anticipates a GAAP gross margin in the range of 60.7% and a non-GAAP gross margin of approximately 62.0%. Additionally, the projected GAAP diluted EPS is expected to be between $8.28 and $9.05, with non-GAAP diluted EPS estimated between $8.53 and $9.30. KLA's capital returns for the fiscal year totaled $3.05 billion, reflecting a strong commitment to returning value to shareholders.

Jul 31, 2025 16:08:12

KLA Secures $1.5 Billion Revolving Credit Facility Agreement

KLA Corporation has entered into a new Credit Agreement that establishes an unsecured five-year revolving credit facility totaling $1.5 billion, which includes provisions for letters of credit and swingline loans. This facility replaces the previous credit agreement and allows for an increase of up to $500 million. The funds from this facility can be used for general corporate purposes, including debt repayment, and the agreement includes options for two one-year extensions.

The Credit Agreement features a sustainability-linked pricing component that adjusts interest rates based on the company's performance in meeting environmental targets. It includes various financial covenants, such as a maximum leverage ratio requirement, and stipulates events of default that could accelerate repayment obligations. The Credit Agreement was initiated on July 3, 2025, concurrently with the termination of the previous revolving loan commitments.

Jul 08, 2025 16:05:05

KLA Corporation Declares Quarterly Cash Dividend of $1.90

KLA Corporation's Board of Directors has declared a quarterly cash dividend of $1.90 per share on its common stock. This dividend will be payable on June 3, 2025, to shareholders who are on record as of May 19, 2025.

KLA Corporation is known for developing equipment and services that support innovation in the electronics industry. The company offers advanced solutions for manufacturing various electronic components and collaborates closely with leading customers worldwide.

May 08, 2025 16:24:42

KLA Corporation Announces Dividend Increase and Share Buyback Plan

KLA Corporation reported total revenues of $3.06 billion for the third quarter of fiscal year 2025, exceeding the guidance range. The company also achieved a GAAP diluted earnings per share (EPS) of $8.16, along with a net income of $1.09 billion. Operating cash flow for the quarter was $1.07 billion, contributing to a free cash flow of $990 million. The results indicate a positive trajectory for the company despite uncertainties in the global economy.

In addition to its financial results, KLA announced an increase in its quarterly dividend to $1.90 per share and authorized an additional $5 billion for share repurchases. This marks the sixteenth consecutive annual increase in the dividend level, which is expected to be declared in May 2025. The share repurchase program, which now totals $5 billion, reflects the company's commitment to returning capital to shareholders and confidence in its long-term value.

Apr 30, 2025 16:08:36

KLA Corporation Declares $1.70 Quarterly Cash Dividend

KLA Corporation's Board of Directors has declared a quarterly cash dividend of $1.70 per share, which will be paid on March 4, 2025, to shareholders of record as of February 24, 2025. This announcement reflects the company's ongoing commitment to returning value to its shareholders through regular dividends. While the declaration of a dividend is a positive move for shareholders, the press release does not provide additional details on the company's financial performance or any potential challenges it may face. This lack of information may leave investors wanting more context regarding the company's current financial health.

Feb 13, 2025 16:53:35

KLA Corporation Reports $3.08 Billion in Q2 Revenue

KLA Corporation announced total revenues of $3.08 billion for the second quarter of fiscal 2025, aligning with the upper end of their guidance range. The company reported a GAAP diluted EPS of $6.16, which was affected by a significant impairment charge of $239.1 million, translating to a non-GAAP diluted EPS of $8.20. Cash flow from operating activities reached $849.5 million for the quarter, with free cash flow totaling $757.2 million, demonstrating strong operational performance despite challenges from new U.S. government export controls.

On the downside, KLA's net income saw a decline from the previous quarter, dropping from $946 million to $825 million. The impairment charge for goodwill and purchased intangible assets significantly impacted GAAP earnings per share. Additionally, the company faced headwinds from geopolitical factors and regulatory changes that may affect future sales, particularly in the semiconductor sector.

Jan 30, 2025 16:06:32

KLA Corporation Declares $1.70 Cash Dividend Per Share

KLA Corporation's Board of Directors has declared a quarterly cash dividend of $1.70 per share, which is set to be paid on December 3, 2024. Shareholders must be on record by November 18, 2024, to receive this dividend, indicating the company's commitment to returning value to its shareholders through regular cash distributions. This announcement highlights KLA's financial stability and ongoing support for its investors.

On the negative side, the press release does not provide any information regarding the company's recent financial performance or challenges it may be facing in the market. The lack of context about the company's earnings or operational hurdles could leave investors wanting more detailed insights into KLA's overall financial health and future outlook.

Nov 08, 2024 16:15:57

KLA Corporation Reports First Quarter Results for Fiscal 2025

KLA Corporation announced its first quarter results for fiscal year 2025, reporting total revenues of $2.84 billion, which exceeded guidance expectations. The company's net income reached $945.9 million, translating to a diluted earnings per share (EPS) of $7.01. Cash flow from operating activities was strong at $995.2 million, and free cash flow also showed significant performance at $934.8 million. The company returned $765.5 million to shareholders through dividends and stock repurchases during the quarter, reflecting a commitment to capital returns.

Despite these positive results, KLA acknowledged that some customers are currently facing challenges, which could impact future performance. The press release also highlighted various risks, including potential disruptions due to geopolitical tensions, regulatory changes, and market fluctuations that could affect the semiconductor industry. Overall, while the company is optimistic about growth prospects, it remains cautious about external factors that could influence its operations.

Oct 30, 2024 16:07:04

KLA Corporation Announces Significant Dividend Increase for Shareholders

KLA Corporation has announced a notable 17% increase in its quarterly dividend, raising it from $1.45 to $1.70 per share. This marks the fifteenth consecutive annual increase, reflecting the company's strong commitment to enhancing shareholder value. The company's president and CEO emphasized that this decision underscores their focus on growth strategies and financial health, as they aim to meet their financial targets for 2026.

While the increase in dividends is a positive sign for investors, the company also acknowledged various risks that could impact future performance. Factors such as market conditions, international operations, and potential regulatory challenges were noted as areas of concern. Despite these risks, KLA's consistent dividend growth suggests a strong operational foundation and a proactive approach to capital allocation.

Sep 03, 2024 16:30:57