KLA Corporation reported Q4 2024 revenues of $2.569 billion, GAAP EPS of $6.18, and non-GAAP EPS of $6.60, all exceeding guidance. The company saw strong performance driven by its differentiated portfolio and is optimistic about market improvement throughout the year and into 2025.
Total revenues for the quarter were $2.569 billion, at the upper end of guidance.
GAAP diluted EPS was $6.18 and non-GAAP diluted EPS was $6.60, both above guidance midpoints.
Cash flow from operating activities for the quarter was $892.6 million, with free cash flow at $831.9 million.
Capital returns for the quarter totaled $667.8 million.
KLA projects for the first quarter of fiscal 2025 ending in September total revenues to be in a range of $2.75 billion +/- $150 million, GAAP gross margin to be in a range of 59.9% +/- 1.0%, Non-GAAP gross margin to be in a range of 61.5% +/- 1.0%, GAAP diluted EPS to be in a range of $6.69 +/- $0.60 and Non-GAAP diluted EPS to be in a range of $7.00 +/- $0.60.
Visualization of income flow from segment revenue to net income