© Reuters. KLA Corporation shares up 2% following Q3 beat
KLA Corporation (NASDAQ:) shares rose more than 2% after-hours following the company’s reported , with EPS of $5.49 coming in better than the consensus estimate of $5.36.
Revenue grew 6% year-over-year to $2.43 billion, beating the consensus estimate of $2.38B.
“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 CEO Rick Wallace.
For Q4/23, the company expects EPS in the range of $4.23-$5.43, compared to the consensus of $4.43, and revenue in the range of $2.125-2.375B, compared to the consensus of $2.17B.
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