财务数据和关键指标变化 - 2023年3月季度收入为24.33亿美元,超过指引中值 [12] - 非GAAP每股收益为5.49美元,超过指引中值 [24] - 非GAAP毛利率为60.8%,位于指引下限 [25] - 非GAAP营业利润率为38.8% [28] - 经营活动现金流为10.1亿美元,自由现金流为9.26亿美元,自由现金流转换率为122% [29] 各条业务线数据和关键指标变化 - 服务业务收入为5.29亿美元,同比增长8%,环比增长2% [18][19] - 汽车相关业务收入自2019年以来增长2.5倍,2022年达到约7亿美元,其中硅碳化物相关业务增长5倍,占汽车销售近一半 [16][17] 各个市场数据和关键指标变化 - 2022年公司在工艺控制领域市场份额增加约300个基点至57%,是最大竞争对手的4倍以上 [15] - 公司在中国市场的客户主要集中在老工艺节点,这些客户的投资相对较为稳定 [48][49][79][80] 公司战略和发展方向及行业竞争 - 公司持续专注于创新和高水平的研发投入,巩固了在工艺控制领域的市场领导地位 [15] - 公司正在积极拓展汽车半导体等新兴市场,并推广标准化的缺陷检测方法,以满足汽车行业对高可靠性的需求 [16][17] - 公司预计2023年全球半导体设备市场(WFE)将下降约20%至750亿美元 [32][34] 管理层对经营环境和未来前景的评论 - 短期内宏观经济和供应链挑战仍存在,但也出现了一些积极信号,如汽车需求和其他传统工艺节点市场保持强劲 [13] - 客户正在调整产能计划,但研发投资仍是重中之重,这对公司来说很重要 [14] - 公司有信心在当前行业环境下保持强劲的财务表现,并将继续专注于创新和执行战略目标 [41][42] 其他重要信息 - 公司获得政府对出口管制的进一步澄清,可以恢复部分之前暂停的出货 [32][33] - 公司过去12个月的总资本回报达51.1亿美元,占自由现金流的160% [31] 问答环节重要的提问和回答 问题1 **Harlan Sur 提问** 询问公司订单和交付情况的稳定性 [47][48][49] **Bren Higgins 回答** 客户仍在调整订单和交付计划,但公司预计未来几个季度需求将保持稳定 [47][48][49] 问题2 **C.J. Muse 提问** 询问公司对2023年半导体设备市场(WFE)的预测 [58][59][60][61] **Bren Higgins 回答** 公司预测WFE将下降约20%,主要是由于传统工艺节点市场强于预期,抵消了领先工艺节点的下滑 [58][59][60][61] 问题3 **Vivek Arya 提问** 询问公司对内存市场需求恢复的预期 [66][67][68][69][70][71] **Bren Higgins 和 Rick Wallace 回答** 公司预计内存市场需求在下半年将有所好转,但仍处于较低水平,主要是由于技术投资需求相对稳定 [66][67][68][69][70][71]

Forward Looking Statements These forward-looking statements are based on current information and expectations and involve a number of risks and uncertainties. Actual results may differ materially from those projected in such statements due to various factors, including but not limited to: the impact of the COVID-19 pandemic on the global economy and on our business, financial condition and results of operations, including the supply chain constraints we are experiencing as a result of the pandemic; economic ...

Company Participants Conference Call Participants Operator Today's discussion is presented on a non-GAAP financial basis, unless otherwise specified. Whenever references are made to full year business performance, they are calendar year references. A detailed reconciliation of GAAP to non-GAAP results is in the earnings material posted on our website. Our IR website also contains future investor events, as well as presentations, corporate governance information and links to our SEC filings, including our mo ...

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Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 KLA CORPORATION (Exact name of registrant as specified in its charter) Delaware 04-2564110 (State or other jurisdiction of incorporation or organization) One Technology Drive, Milpitas, California 95035 (I.R.S. Employer Identification No.) For the quarterly period ended December 31, 2022 or ☐ TRANSITION REPORT ...

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KLA Corporation (NASDAQ:KLAC) Q1 2023 Earnings Conference Call October 26, 2022 5:00 PM ET Company Participants Kevin Kessel - Vice President, Investor Relations & Market Analytics Rick Wallace - Chief Executive Officer Bren Higgins - Chief Financial Officer Conference Call Participants Harlan Sur - JPMorgan Krish Sankar - Cowen and Company C.J. Muse - Evercore Vivek Arya - Bank of America Securities Joe Moore - Morgan Stanley Joe Quatrochi – Wells Fargo Sidney Ho - Deutsche Bank Timothy Arcuri - UBS Toshiy ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-----------------------------|-------|-------|-----------------------------------------------------|-------|-------|--------------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter Ended June 30, 2022 | | | Q4 Fiscal 2022 Earnings • Reported On Jul ...

KLA Corporation (NASDAQ:KLAC) Q4 2022 Earnings Conference Call July 28, 2022 5:00 PM ET Company Participants Kevin Kessel - Vice President, Investor Relations Rick Wallace - Chief Executive Officer Bren Higgins - Chief Financial Officer Conference Call Participants Harlan Sur - JPMorgan Joe Quatrochi - Wells Fargo Patrick Ho - Stifel Atif Malik - Citi Vedvati Shrotre - Jefferies Operator Good afternoon. My name is Leo and I will be your conference operator today. At this time, I would like to welcome everyo ...

Q3 Fiscal 2022 (Quarter Ended March 31, 2022) Reporting Date: April 28, 2022 Forward-Looking Statements Statements in this presentation other than historical facts, such as statements pertaining to: (i) future industry demand for semiconductors; (ii) WFE and KLA's growth in calendar 2022; (iii) our operating expenses and other income and expense, net, for the June quarter; (iv) future capital returns as a percentage of free cash flow; (v) expansion of services opportunities; (vi) outperformance of our SPC b ...