Chip gear maker KLA's Q1 revenue beats analyst estimates on AI demand
KLAC•KLA reported fiscal first-quarter revenue of $4.14 billion, above the $4.04 billion analyst consensus, and adjusted EPS of $1.22. It expects second-quarter revenue of $4.7 billion, plus or minus $200 million.
1. Quarterly results
KLA's fiscal first-quarter revenue rose to $4.14 billion, beating analyst expectations of $4.04 billion. Adjusted EPS was $1.22, while GAAP EPS was $1.18 and net income was $1.55 billion.
2. Second-quarter outlook
KLA expects second-quarter revenue of $4.7 billion, plus or minus $200 million, and GAAP diluted EPS of $1.41, plus or minus $0.11. It forecasts non-GAAP gross margin of 62.5%, plus or minus 1.0%. The company cited AI ecosystem buildout, advanced packaging demand and technology transitions as growth drivers.
