KLA Corporation Reports Fiscal 2023 Third Quarter Results

MILPITAS, Calif., April 26, 2023 — (PRNewswire) —  KLA Corporation (NASDAQ: KLAC) today 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.

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"The March quarter delivered revenue, GAAP and non-GAAP earnings per share above the midpoint of the guidance ranges, reflecting solid execution in a challenging industry environment," said Rick Wallace, president and CEO of KLA Corporation. "In addition, KLA's customer focus and product portfolio strategy has been validated by recently published Wafer Fab Equipment ("WFE") industry analysis for calendar year 2022 that shows increased market leadership in the process control market. This performance reinforces the strength of the KLA Operating Model and the value of KLA to our customers' fab productivity and technology roadmaps."

GAAP Results


Q3 FY 2023

Q2 FY 2023

Q3 FY 2022

Total Revenue

$2,433 million

$2,984 million

$2,289 million

Net Income Attributable to KLA

$698 million

$979 million

$731 million

Net Income per Diluted Share Attributable to KLA

$5.03

$6.89

$4.83





Non-GAAP Results


Q3 FY 2023

Q2 FY 2023

Q3 FY 2022

Net Income Attributable to KLA

$761 million

$1,048 million

$776 million

Net Income per Diluted Share Attributable to KLA

$5.49

$7.38

$5.13

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 2023 third quarter, along with its outlook, on a conference call today beginning at 2 p.m. Pacific Time . A webcast of the call will be available at:  www.kla.com .

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