KLA Corporation’s Bold Moves in Semiconductor Tech—Can They Keep Up the Momentum? 

KLA Corporation delivered an impressive performance for the September 2024 quarter, exceeding expectations with solid execution and heightened demand across its leading-edge logic and memory sectors. Revenue reached $2.84 billion, and non-GAAP diluted earnings per share (EPS) came in at $7.33, both signaling strong operational and financial stability. Year-over-year and sequential growth in revenue underscored KLA’s robust financial footing, while GAAP diluted EPS was also notable at $7.01, exceeding guidance. The company’s gross margin stood at 61.2%, slightly below projections due to a softer mix in system products, but operating margin remained high at 41.5%. KLA achieved $935 million in free cash flow and returned $765 million to shareholders through share repurchases and dividends, highlighting its capital return strength.