KLA Corporation reported strong Q1 FY2025 results with revenues of $2.84 billion, exceeding guidance midpoint, and GAAP EPS of $7.01. The quarter saw robust operating cash flow of $995.2 million and free cash flow of $934.8 million, with capital returns reaching $765.5 million including dividends and share repurchases.Looking ahead, KLA projects Q2 FY2025 revenues between $2.95 billion ±$150 million and expects GAAP EPS of $7.45 ±$0.60. The company maintains an optimistic outlook for semiconductor market growth in Q4 2024 and into 2025, particularly in AI and high-performance computing applications.Management highlighted continued outperformance despite near-term customer challenges, attributing success to their industry-leading portfolio and disciplined operational execution. The company's focus remains on supporting customer investments in advanced technologies while maintaining strong financial performance.

KLA Corporation reported strong Q1 FY2025 results with revenues of $2.84 billion, exceeding guidance midpoint, and GAAP EPS of $7.01. The quarter saw robust operating cash flow of $995.2 million and free cash flow of $934.8 million, with capital returns reaching $765.5 million including dividends and share repurchases.Looking ahead, KLA projects Q2 FY2025 revenues between $2.95 billion ±$150 million and expects GAAP EPS of $7.45 ±$0.60. The company maintains an optimistic outlook for semiconductor market growth in Q4 2024 and into 2025, particularly in AI and high-performance computing applications.Management highlighted continued outperformance despite near-term customer challenges, attributing success to their industry-leading portfolio and disciplined operational execution. The company's focus remains on supporting customer investments in advanced technologies while maintaining strong financial performance.