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Jun 30, 2021
KLA Q4 2021 Earnings Report
KLA reported strong Q4 2021 results, exceeding guidance, increased dividend by 17%, and announced a $2 billion share repurchase authorization.
Key Takeaways
KLA Corporation announced its Q4 and FY 2021 results, with revenue at $1.93 billion and GAAP EPS at $4.10. The company's performance exceeded the mid-point of guidance ranges. The Board of Directors approved a 17% increase in the quarterly dividend and authorized a new $2 billion share repurchase program.
Total revenues were $1.93 billion, GAAP diluted EPS attributable to KLA was $4.10 and non-GAAP diluted EPS attributable to KLA was $4.43, each finishing above the mid-point of guidance ranges.
Cash flow from operations for the quarter was $465.6 million and free cash flow was $410.2 million.
Capital return for the quarter was $439.1 million.
KLA’s Board of Directors approved a 17% increase in the quarterly dividend level to $1.05 per share and approved $2 billion for additional share repurchases.
KLA
KLA
KLA Revenue by Segment
Revenue by Segment
Semiconductor Control Revenue
CapyFin.comSpecialty Semi Process Revenue
CapyFin.comPCB & Component Inspect Revenue
CapyFin.com Forward Guidance
The following details our guidance for the first quarter of fiscal 2022 ending in September:
Positive Outlook
- Total revenue between $1,920 million to $2,120 million
- GAAP gross margin is expected to be in a range of 59.4% to 61.5%
- Non-GAAP gross margin is expected to be in a range of 61.5% to 63.5%
- GAAP diluted EPS attributable to KLA is expected to be in a range of $3.76 to $4.64
- Non-GAAP diluted EPS attributable to KLA is expected to be in a range of $4.01 to $4.89
Revenue & Expenses
Visualization of income flow from segment revenue to net income