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Jun 30, 2020

KLA Q4 2020 Earnings Report

KLA's Q4 2020 earnings exceeded expectations, driven by strong demand and execution.

Key Takeaways

KLA Corporation reported strong Q4 fiscal year 2020 results, with revenue at $1.46 billion and GAAP EPS of $2.63, both above the midpoint of guidance. The company's board approved an 11th consecutive annual dividend increase.

Quarterly revenue reached $1.46 billion, surpassing the midpoint of guidance.

GAAP EPS was $2.63, also above the midpoint of guidance.

Non-GAAP EPS was $2.73, exceeding guidance midpoint.

The board of directors approved an 11th consecutive annual dividend increase.

Total Revenue
$1.46B
Previous year: $1.26B
+16.1%
EPS
$2.73
Previous year: $1.78
+53.4%
Gross Profit
$838M
Previous year: $666M
+25.9%
Cash and Equivalents
$1.23B
Previous year: $1.02B
+21.5%
Free Cash Flow
$411M
Previous year: $270M
+52.5%
Total Assets
$9.28B
Previous year: $9.01B
+3.0%

KLA

KLA

KLA Revenue by Segment

Forward Guidance

KLA provided guidance for the first quarter of fiscal year 2021, anticipating revenue between $1,405 million and $1,555 million, GAAP diluted EPS in the range of $2.18 to $2.82, and non-GAAP diluted EPS in the range of $2.42 to $3.06.

Revenue & Expenses

Visualization of income flow from segment revenue to net income