KLAC / KLA Corp. stock sinks as outlook disappoints following drop in chip demand

KLA (KLAC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock more_horizontal

KLA's (KLAC) first-quarter fiscal 2024 results reflect sluggish performance from the Semiconductor Process Control and PCB, Display and Component Insp more_horizontal

KLA Corporation is a market leader in semiconductor process control, specializing in defect inspection and wafer metrology. The company has demonstrat more_horizontal

KLA Corporation (NASDAQ:KLAC ) Q1 2024 Earnings Conference Call October 25, 2023 5:00 PM ET Company Participants Kevin Kessel - VP, IR and Market Anal more_horizontal

Although the revenue and EPS for KLA (KLAC) give a sense of how its business performed in the quarter ended September 2023, it might be worth consider more_horizontal

KLA (KLAC) came out with quarterly earnings of $5.74 per share, beating the Zacks Consensus Estimate of $5.39 per share. This compares to earnings of more_horizontal

Shares of KLA Corp. KLAC, +1.03% rose 0.2% in premarket trading Tuesday toward a seventh-straight gain, after the semiconductor equipment maker raised more_horizontal

KLA's (KLAC) fiscal fourth-quarter results are hurt by sluggish Semiconductor Process Control and PCB, Display and Component Inspection segments. more_horizontal