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KLA Corporation Reports Fourth Quarter Outperformance and Provides Outlook

Haiden Holmes

Jul 29, 2022 11:17

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Tencor Corporation (NASDAQ:KLAC) achieved better-than-expected fourth-quarter profits per share of $5.81 above the $5.50 consensus projection. Compared to the average forecast of $2.43 billion in revenue, the actual amount generated was $2.49 billion.


The firm predicts Q1/23 EPS in the range of $5.70-$6.80, against the average expectation of $5.81, and revenues in the range of $2.475-$2.725 billion, vs the consensus estimate of $2.52 billion.


KLA's June quarter results and September quarter outlook once again display persistent outperformance, emphasizing the significance of KLA's products and services in enabling digital transformation in how we live and work, according to Rick Wallace, the company's president and CEO.


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