New Risk • May 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 7.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.0% average weekly change). Minor Risk Significant insider selling over the past 3 months (€8.3m sold). Board Change • May 19
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Tracy Embree was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • May 19
President recently sold €6.9m worth of stock On the 12th of May, Richard Wallace sold around 5k shares on-market at roughly €1,530 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Richard's only on-market trade for the last 12 months. Announcement • May 09
KLA Corporation announces Quarterly dividend, payable on June 02, 2026 KLA Corporation announced Quarterly dividend of USD 2.3000 per share payable on June 02, 2026, ex-date on May 18, 2026 and record date on May 18, 2026. Announcement • May 02
Kla Corporation Provides Earnings Guidance for the Fourth Quarter of Fiscal Year Ending in June 30, 2026 KLA Corporation provided earnings guidance for the fourth quarter of fiscal year ending in June 30, 2026. For the period, the company total revenues are expected to be in a range of $3.575 billion +/- $200 million and GAAP diluted EPS is expected to be in a range of $9.66+/- $1.00. Reported Earnings • Apr 30
Third quarter 2026 earnings released: EPS: US$9.17 (vs US$8.21 in 3Q 2025) Third quarter 2026 results: EPS: US$9.17 (up from US$8.21 in 3Q 2025). Revenue: US$3.42b (up 12% from 3Q 2025). Net income: US$1.20b (up 10% from 3Q 2025). Profit margin: 35% (in line with 3Q 2025). Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €1,513, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 27x in the Semiconductor industry in Europe. Total returns to shareholders of 359% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €739 per share. Announcement • Mar 12
KLA Corporation Announces an Increase in the Quarterly Dividend KLA Corporation announced an increase in the quarterly dividend level to $2.30 per share from $1.90 per share, the 17th consecutive annual increase in the quarterly dividend for KLA. The declaration and payment of future dividends is subject to the Board's discretion and will depend on financial and legal requirements and other considerations. Declared Dividend • Feb 16
Second quarter dividend of US$1.90 announced Shareholders will receive a dividend of US$1.90. Ex-date: 17th February 2026 Payment date: 3rd March 2026 Dividend yield will be 0.6%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 23%. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €1,125, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 24x in the Semiconductor industry in Europe. Total returns to shareholders of 205% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €679 per share. Announcement • Feb 06
KLA Corporation Declares Regular Quarterly Cash Dividend, Payable on March 3, 2026 The KLA Corporation Board of Directors declared a quarterly cash dividend of $1.90 per share on its common stock, payable on March 3, 2026 to KLA shareholders of record as of the close of business on February 17, 2026. Reported Earnings • Jan 30
Second quarter 2026 earnings released: EPS: US$8.73 (vs US$6.18 in 2Q 2025) Second quarter 2026 results: EPS: US$8.73 (up from US$6.18 in 2Q 2025). Revenue: US$3.30b (up 7.2% from 2Q 2025). Net income: US$1.15b (up 39% from 2Q 2025). Profit margin: 35% (up from 27% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 30
KLA Corporation Provides Earnings Guidance for the Third Quarter Ending March 31, 2026 KLA Corporation provided earnings guidance for the third quarter ending March 31, 2026. For the quarter, the company total revenues are expected to be in a range of $3.35 billion +/- $150 million; GAAP net income per diluted share of $8.07 to $9.63. Valuation Update With 7 Day Price Move • Jan 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €1,348, the stock trades at a forward P/E ratio of 43x. Average forward P/E is 24x in the Semiconductor industry in Europe. Total returns to shareholders of 271% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €584 per share. Announcement • Jan 08
KLA Corporation to Report Q2, 2026 Results on Jan 29, 2026 KLA Corporation announced that they will report Q2, 2026 results After-Market on Jan 29, 2026 Board Change • Jan 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Tracy Embree was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 10
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Tracy Embree was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Tracy Embree was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 08
KLA Corporation Appoints Michael McMullen Chair of the Compensation and Talent Committee KLA Corporation announced that on November 5, 2025, Michael McMullen was appointed Chair of the Compensation and Talent Committee, replacing Gary Moore. Announcement • Nov 07
KLA Corporation Declares Regular Cash Dividend, Payable on December 2, 2025 The KLA Corporation Board of Directors declared a quarterly cash dividend of $1.90 per share on its common stock, payable on Dec. 2, 2025 to KLA shareholders of record as of the close of business on Nov. 17, 2025. Reported Earnings • Oct 30
First quarter 2026 earnings released: EPS: US$8.51 (vs US$7.05 in 1Q 2025) First quarter 2026 results: EPS: US$8.51 (up from US$7.05 in 1Q 2025). Revenue: US$3.21b (up 13% from 1Q 2025). Net income: US$1.12b (up 19% from 1Q 2025). Profit margin: 35% (up from 33% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 30
KLA Corporation Provides Earnings Guidance for Second Quarter Ending December 31, 2025 KLA Corporation provided earnings guidance for second quarter ending December 31, 2025. For the period Total revenues are expected to be in a range of $3.225 billion +/- $150 million. GAAP diluted EPS is expected to be in a range of $8.46 +/- $0.78. New Risk • Oct 08
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 5.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Announcement • Oct 04
KLA Corporation to Report Q1, 2026 Results on Oct 29, 2025 KLA Corporation announced that they will report Q1, 2026 results After-Market on Oct 29, 2025 Announcement • Sep 24
KLA Corporation, Annual General Meeting, Nov 05, 2025 KLA Corporation, Annual General Meeting, Nov 05, 2025. Location: one technology drive, milpitas, california 95035, United States Declared Dividend • Aug 13
Fourth quarter dividend of US$1.90 announced Shareholders will receive a dividend of US$1.90. Ex-date: 18th August 2025 Payment date: 3rd September 2025 Dividend yield will be 0.8%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 22%. Cash payout ratio: 27%. Reported Earnings • Aug 01
Full year 2025 earnings released: EPS: US$30.53 (vs US$20.41 in FY 2024) Full year 2025 results: EPS: US$30.53 (up from US$20.41 in FY 2024). Revenue: US$12.2b (up 24% from FY 2024). Net income: US$4.06b (up 47% from FY 2024). Profit margin: 33% (up from 28% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 01
KLA Corporation Provides Earnings Guidance for the First Quarter of Fiscal Year 2026 KLA Corporation provided earnings guidance for the first quarter of fiscal year 2026. Total revenues are expected to be in a range of $3.15 billion +/- $150 million. GAAP diluted EPS is expected to be in a range of $8.28 +/- $0.77. GAAP net income per diluted share to be in the range of $7.51 to $9.05. Announcement • Jul 10
KLA Corporation to Report Q4, 2025 Results on Jul 31, 2025 KLA Corporation announced that they will report Q4, 2025 results After-Market on Jul 31, 2025 New Risk • May 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.7% average weekly change). Minor Risk High level of debt (46% net debt to equity). Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €707, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Semiconductor industry in Europe. Total returns to shareholders of 122% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €511 per share. Buy Or Sell Opportunity • May 08
Now 21% overvalued Over the last 90 days, the stock has fallen 14% to €623. The fair value is estimated to be €513, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.8% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings are also forecast to grow by 8.6% per annum over the same time period. Announcement • May 02
KLA Corporation Appoints Jamie E. Samath to its Board and Audit Committee, Effective April 30, 2025 KLA Corporation announced on April 30, 2025, the Board of Directors of the company appointed Jamie E. Samath to the Board, effective immediately. Mr. Samath has served as Executive Vice President, Chief Financial Officer and Head of Business Technology, since January 1, 2025, at Intuitive Surgical Inc. In his over 12 years with Intuitive, Mr. Samath’s scope and responsibilities have expanded across Intuitive’s financial and business functions. Mr. Samath assumed the role of Intuitive’s Chief Financial Officer in 2022 and became Head of Business Technology in 2024, which includes oversight of information technology, real estate and workplace services, and purchasing. The Board also appointed Mr. Samath to the Audit Committee of the Board, effective immediately. Reported Earnings • May 02
Third quarter 2025 earnings released: EPS: US$8.21 (vs US$4.46 in 3Q 2024) Third quarter 2025 results: EPS: US$8.21 (up from US$4.46 in 3Q 2024). Revenue: US$3.06b (up 30% from 3Q 2024). Net income: US$1.09b (up 81% from 3Q 2024). Profit margin: 36% (up from 26% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 9.4% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 11
KLA Corporation to Report Q3, 2025 Results on Apr 30, 2025 KLA Corporation announced that they will report Q3, 2025 results After-Market on Apr 30, 2025 Announcement • Feb 14
KLA Corporation Declares Regular Quarterly Cash Dividend, Payable on March 4, 2025 The KLA Corporation Board of Directors declared a quarterly cash dividend of $1.70 per share on its common stock, payable on March 4, 2025 to KLA shareholders of record as of the close of business on Feb. 24, 2025. Board Change • Feb 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. Independent Director Mike McMullen was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 31
Second quarter 2025 earnings released: EPS: US$6.18 (vs US$4.30 in 2Q 2024) Second quarter 2025 results: EPS: US$6.18 (up from US$4.30 in 2Q 2024). Revenue: US$3.08b (up 24% from 2Q 2024). Net income: US$824.5m (up 42% from 2Q 2024). Profit margin: 27% (up from 23% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 31
KLA Corporation Provides Earnings Guidance for the Third Quarter of Fiscal Ending March 2025 KLA Corporation provided earnings guidance for the third quarter of fiscal ending March 2025. The company expects total revenues is expected to be in a range of $3.0 billion +/- $150 million. GAAP diluted EPS is expected to be in a range of $7.77 +/- $0.60. Announcement • Nov 16
KLA Corporation Announces Transition of Oreste Donzella to the Role of Part-Time Senior Advisor to the Company Beginning on April 14, 2025 On November 15, 2024, KLA Corporation and Oreste Donzella, Executive Vice President and Chief Strategy Officer, agreed that Mr. Donzella will transition to the role of part-time senior advisor to the Company beginning on April 14, 2025 (the “Effective Date”) and ending on August 16, 2026 (the “Advisor Period”). Mr. Donzella will remain as the Company’s Chief Strategy Officer until April 13, 2025, during which time, Mr. Donzella will assist the Company with transitioning his current duties and responsibilities. Prior to the Effective Date, there will be no changes to Mr. Donzella’s employment terms, including his compensation or other benefits. Announcement • Nov 08
KLA Corporation Declares Regular Quarterly Cash Dividend, Payable on December 3, 2024 The KLA Corporation Board of Directors declared a quarterly cash dividend of $1.70 per share on its common stock, payable on December 3, 2024 to KLA shareholders of record as of the close of business on November 18, 2024. Announcement • Nov 02
KLA Corporation Provides Earnings Guidance for the Second Quarter Ending December 2024 KLA Corporation provided earnings guidance for the second quarter ending December 2024. The company expects total revenues is expected to be in a range of $2.95 billion +/- $150 million. GAAP diluted EPS is expected to be in a range of $7.45 +/- $0.60. Reported Earnings • Nov 01
First quarter 2025 earnings released: EPS: US$7.05 (vs US$5.44 in 1Q 2024) First quarter 2025 results: EPS: US$7.05 (up from US$5.44 in 1Q 2024). Revenue: US$2.84b (up 19% from 1Q 2024). Net income: US$945.9m (up 28% from 1Q 2024). Profit margin: 33% (up from 31% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €627, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 13x in the Semiconductor industry in Europe. Total returns to shareholders of 117% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €622 per share. Buy Or Sell Opportunity • Oct 14
Now 22% overvalued Over the last 90 days, the stock has fallen 4.8% to €754. The fair value is estimated to be €617, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 6.5%. For the next 3 years, revenue is forecast to grow by 9.3% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Announcement • Oct 10
KLA Corporation to Report Q1, 2025 Results on Oct 30, 2024 KLA Corporation announced that they will report Q1, 2025 results After-Market on Oct 30, 2024 Announcement • Sep 25
KLA Corporation, Annual General Meeting, Nov 06, 2024 KLA Corporation, Annual General Meeting, Nov 06, 2024. Location: plus building,milpitas headquarters, located at one technology drive, california 95035, milpitas United States Buy Or Sell Opportunity • Sep 12
Now 21% overvalued Over the last 90 days, the stock has fallen 15% to €650. The fair value is estimated to be €539, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 6.5%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Announcement • Sep 04
KLA Corporation Announces Increase in Quarterly Dividend KLA Corporation announced a 17% increase in the quarterly dividend level to $1.70 per share from $1.45 per share beginning with the quarterly dividend expected to be declared in November 2024, the fifteenth consecutive annual increase in the quarterly dividend level for KLA. The declaration and payment of future dividends is subject to the Board's discretion and will depend on financial and legal requirements and other considerations. New Risk • Aug 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 5.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (5.9% average weekly change). Minor Risk High level of debt (63% net debt to equity). Buy Or Sell Opportunity • Aug 12
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 2.7% to €688. The fair value is estimated to be €566, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.9% over the last 3 years. Earnings per share has grown by 6.5%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Declared Dividend • Aug 12
Fourth quarter dividend of US$1.45 announced Shareholders will receive a dividend of US$1.45. Ex-date: 15th August 2024 Payment date: 3rd September 2024 Dividend yield will be 0.8%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 28%. Cash payout ratio: 26%. Announcement • Aug 02
KLA Corporation Declares Regular Cash Dividend, Payable on Sept. 3, 2024 The KLA Corporation Board of Directors declared a quarterly cash dividend of $1.45 per share on its common stock, payable on Sept. 3, 2024 to KLA shareholders of record as of the close of business on Aug. 15, 2024. Reported Earnings • Jul 25
Full year 2024 earnings released: EPS: US$20.41 (vs US$24.29 in FY 2023) Full year 2024 results: EPS: US$20.41 (down from US$24.29 in FY 2023). Revenue: US$9.81b (down 6.5% from FY 2023). Net income: US$2.76b (down 19% from FY 2023). Profit margin: 28% (down from 32% in FY 2023). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 25
KLA Corporation Provides Earnings Guidance for the First Quarter Ending September 30, 2024 KLA Corporation provided earnings guidance for the first quarter ending September 30, 2024. The company’s total revenues is expected to be in a range of $2.75 billion +/- $150 million and GAAP net income per diluted share to be in a range of $6.09 to $7.29. Announcement • Jul 04
KLA Corporation to Report Q4, 2024 Results on Jul 24, 2024 KLA Corporation announced that they will report Q4, 2024 results After-Market on Jul 24, 2024 Declared Dividend • May 13
Third quarter dividend of US$1.45 announced Shareholders will receive a dividend of US$1.45. Ex-date: 14th May 2024 Payment date: 31st May 2024 Dividend yield will be 0.8%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 29%. Cash payout ratio: 25%. Announcement • May 03
The KLA Corporation Declares Quarterly Cash Dividend, Payable on May 31, 2024 The KLA Corporation Board of Directors declared a quarterly cash dividend of $1.45 per share on its common stock, payable on May 31, 2024 to the company shareholders of record as of the close of business on May 15, 2024. Reported Earnings • Apr 26
Third quarter 2024 earnings released: EPS: US$4.46 (vs US$5.06 in 3Q 2023) Third quarter 2024 results: EPS: US$4.46 (down from US$5.06 in 3Q 2023). Revenue: US$2.36b (down 3.0% from 3Q 2023). Net income: US$601.5m (down 14% from 3Q 2023). Profit margin: 26% (down from 29% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Apr 24
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at €606. The fair value is estimated to be €495, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 8.9% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Announcement • Apr 05
KLA Corporation to Report Q3, 2024 Results on Apr 25, 2024 KLA Corporation announced that they will report Q3, 2024 results After-Market on Apr 25, 2024 Declared Dividend • Feb 12
Second quarter dividend of US$1.45 announced Shareholders will receive a dividend of US$1.45. Ex-date: 15th February 2024 Payment date: 1st March 2024 Dividend yield will be 0.9%, which is lower than the industry average of 1.2%. Payout Ratios Payout ratio: 27%. Cash payout ratio: 25%. Announcement • Feb 08
KLA Corporation Declares Quarterly Regular Cash Dividend, Payable on March 1, 2024 The KLA Corporation Board of Directors of KLA Corporation announced that its Board of Directors announced a quarterly cash dividend of $1.45 per share on its common stock, payable on March 1, 2024, to KLA shareholders of record as of the close of business on February 19, 2024. Buy Or Sell Opportunity • Feb 03
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to €558. The fair value is estimated to be €462, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. New Risk • Jan 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Austrian stocks, typically moving 4.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (84% net debt to equity). Share price has been volatile over the past 3 months (4.0% average weekly change). Reported Earnings • Jan 26
Second quarter 2024 earnings released: EPS: US$4.30 (vs US$6.93 in 2Q 2023) Second quarter 2024 results: EPS: US$4.30 (down from US$6.93 in 2Q 2023). Revenue: US$2.49b (down 17% from 2Q 2023). Net income: US$582.5m (down 41% from 2Q 2023). Profit margin: 23% (down from 33% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 26
KLA Corporation Provides Earnings Guidance for the Third Quarter of Fiscal 2024 KLA Corporation provided earnings guidance for the third quarter of fiscal 2024 ending in March. For the quarter, company expects total revenues is expected to be in a range of $2.30 billion +/- $125 million. GAAP gross margin is expected to be in a range of 59.4% +/- 1.0%. GAAP diluted EPS is expected to be in a range of $4.93 +/- $0.60. Announcement • Jan 05
KLA Corporation to Report Q2, 2024 Results on Jan 25, 2024 KLA Corporation announced that they will report Q2, 2024 results After-Market on Jan 25, 2024 Announcement • Nov 03
The KLS Corporation Declares Quarterly Cash Dividend, Payable on Dec. 1, 2023 The KLA Corporation Board of Directors declared a quarterly cash dividend of $1.45 per share on its common stock, payable on Dec. 1, 2023, to KLA shareholders of record as of the close of business on Nov. 15, 2023. Reported Earnings • Oct 27
First quarter 2024 earnings released: EPS: US$5.44 (vs US$7.23 in 1Q 2023) First quarter 2024 results: EPS: US$5.44 (down from US$7.23 in 1Q 2023). Revenue: US$2.40b (down 12% from 1Q 2023). Net income: US$741.4m (down 28% from 1Q 2023). Profit margin: 31% (down from 38% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 26
KLA Corporation Provides Earnings Guidance for the Second Quarter of Fiscal 2024 KLA Corporation provided earnings guidance for the second quarter of fiscal 2024. For the year, total revenues is expected to be in a range of $2.45 billion +/- $125 million. GAAP gross margin is expected to be in a range of 59.6% +/- 1.0% and GAAP diluted EPS is expected to be in a range of $5.54 +/- $0.60. New Risk • Oct 22
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Austrian stocks, typically moving 4.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (4.7% average weekly change). Minor Risk High level of debt (91% net debt to equity). Announcement • Oct 05
KLA Corporation to Report Q1, 2024 Results on Oct 25, 2023 KLA Corporation announced that they will report Q1, 2024 results After-Market on Oct 25, 2023 Announcement • Sep 22
KLA Corporation, Annual General Meeting, Nov 01, 2023 KLA Corporation, Annual General Meeting, Nov 01, 2023, at 12:00 Pacific Standard Time. Location: Plus Building of our Milpitas headquarters, located at One Technology Drive, Milpitas,California 95035 Milpitas California United States Agenda: To elect the ten candidates nominated by our Board of Directors to serve as directors for one-year terms, each until his or her successor is duly elected and qualified; to ratify the appointment of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending June 30, 2024; to approve on a non-binding, advisory basis our named executive officer compensation; to approve on a non-binding, advisory basis the recommended frequency of future stockholder votes to approve our named executive officer compensation; to approve our 2023 Incentive Award Plan; and to consider other matters if any. Announcement • Sep 06
KLA Corporation Announces Increase in Quarterly Dividend Level KLA Corporation is announcing an increase in the quarterly dividend level to $1.45 per share from $1.30 per share, the fourteenth consecutive annual increase in the quarterly dividend level for KLA. The declaration and payment of future dividends is subject to the Board's discretion and will depend on financial and legal requirements and other considerations. Announcement • Aug 04
KLA Corporation Declares Quarterly Cash Dividend, Payable on September 1, 2023 The KLA Corporation Board of Directors declared a quarterly cash dividend of $1.30 per share on its common stock, payable on September 1, 2023, to KLA shareholders of record as of the close of business on August 15, 2023. Announcement • Jul 28
Kla Corporation Provides Earnings Guidance for the Year 2024 KLA Corporation provided earnings guidance for the year 2024. For the period, the company expects Total revenues is expected to be in a range of $2.35 billion +/- $125 million. GAAP diluted EPS is expected to be in a range of $5.02 +/- $0.60. Reported Earnings • Jul 28
Full year 2023 earnings released: EPS: US$24.29 (vs US$22.07 in FY 2022) Full year 2023 results: EPS: US$24.29 (up from US$22.07 in FY 2022). Revenue: US$10.5b (up 14% from FY 2022). Net income: US$3.39b (up 2.0% from FY 2022). Profit margin: 32% (down from 36% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 39% per year. Announcement • Jul 25
KLA Corporation Elected Michael McMullen to the Board, Effective Immediately On July 24, 2023, the Board of Directors (the “Board”) of KLA Corporation (the “Company”) elected Michael McMullen to the Board, effective immediately. Mr. McMullen has served as the President, since 2014, and Chief Executive Officer, since 2015, of Agilent Technologies Inc. (“Agilent”), a global leader in life sciences, diagnostics and applied chemical markets, providing application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. In his thirty-year career at Agilent, Mr. McMullen held various leadership positions. The Board also appointed Mr. McMullen to the Compensation and Talent Committee of the Board, effective immediately. Mr. McMullen will receive a prorated grant of restricted stock units pursuant to the Company’s 2004 Equity Incentive Plan for his service on the Board through the next annual meeting of stockholders and will be entitled to receive a prorated portion of the annual cash retainer paid by the Company to independent members of the Board and members of the Compensation and Talent Committee for their service pursuant to the Company’s current outside director compensation program. Announcement • Jun 29
KLA Corporation to Report Q4, 2023 Results on Jul 27, 2023 KLA Corporation announced that they will report Q4, 2023 results After-Market on Jul 27, 2023 Announcement • May 06
KLA Corporation Declares Regular Cash Dividend, Payable on June 1, 2023 The KLA Corporation board of directors declared a quarterly cash dividend of $1.30 per share on its common stock, payable on June 1, 2023, to KLA shareholders of record as of the close of business on May 15, 2023. Reported Earnings • Apr 28
Third quarter 2023 earnings released: EPS: US$5.06 (vs US$4.87 in 3Q 2022) Third quarter 2023 results: EPS: US$5.06. Revenue: US$2.43b (up 6.3% from 3Q 2022). Net income: US$697.8m (down 4.5% from 3Q 2022). Profit margin: 29% (down from 32% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Europe. Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 8 highly experienced directors. Independent Director Marie Myers was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Feb 03
KLA Corporation Declares Quarterly Cash Dividend, payable on March 1, 2023 KLA Corporation board of directors declared a quarterly cash dividend of $1.30 per share on its common stock, payable on March 1, 2023, to KLA shareholders of record as of the close of business on February 13, 2023. Reported Earnings • Jan 27
Second quarter 2023 earnings released: EPS: US$6.93 (vs US$4.74 in 2Q 2022) Second quarter 2023 results: EPS: US$6.93 (up from US$4.74 in 2Q 2022). Revenue: US$2.98b (up 27% from 2Q 2022). Net income: US$978.8m (up 36% from 2Q 2022). Profit margin: 33% (up from 31% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Announcement • Jan 27
KLA Corporation Provides Earnings Guidance for the Third Quarter of Fiscal Year 2023 KLA Corporation provided earnings guidance for the third quarter of fiscal year 2023. For the quarter, the company’s total revenues between $2,200 million to $2,500 million and GAAP diluted EPS attributable to the company is expected to be in a range of $4.06 to $5.46. Announcement • Jan 06
KLA Corporation to Report Q2, 2023 Results on Jan 26, 2023 KLA Corporation announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Jan 26, 2023 Recent Insider Transactions • Dec 18
Independent Director recently sold €191k worth of stock On the 13th of December, Jeneanne Hanley sold around 500 shares on-market at roughly €382 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.0m. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. Announcement • Dec 07
KLA Corporation Launches Revolutionary X-Ray Metrology System KLA Corporation announced the launch of the revolutionary Axion® T2000 X-ray metrology system for advanced memory chip manufacturers. Fabrication of 3D NAND and DRAM chips involves precise formation of extremely tall structures with deep, narrow holes and trenches, and other intricate architectural shapes – all requiring control at the nanoscale level. The Axion T2000 features patented technologies that power its ability to measure high aspect ratio device features with an unprecedented combination of resolution, accuracy, precision and speed. By discovering the small shape anomalies that can impact memory chip performance, the Axion T2000 helps ensure successful production of the memory chips used in applications such as 5G, artificial intelligence (AI), data centers and edge computing. The Axion T2000 is a CD-SAXS (critical-dimension small angle X-ray scattering) system, leveraging industry-unique X-ray technologies to produce high-resolution measurements of critical dimensions and 3D shapes of memory device features. A high flux source provides X-rays that transmit through the entire vertical memory structure, regardless of how tall it is today or will be in the future, enabling measurement of complex device shapes. A stage with dynamic range helps to obtain diffraction images at multiple angles to render rich 3D geometrical information. Novel AcuShape® algorithms facilitate measurement of many critical device parameters and extraction of subtle variations that can affect final memory chip functionality. With these innovations, the Axion T2000 non-destructively produces the dimensional metrology data needed to help memory manufacturers optimize, monitor and control key process steps inline. Buying Opportunity • Nov 26
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €459, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 46%. For the next 3 years, revenue is forecast to grow by 2.1% per annum. Earnings is also forecast to grow by 4.1% per annum over the same time period. Announcement • Nov 04
KLA Corporation Declares Quarterly Cash Dividend, Payable on December 1, 2022 KLA Corporation board of directors declared a quarterly cash dividend of $1.30 per share on its common stock, payable on December 1, 2022, to KLA shareholders of record as of the close of business on November 15, 2022. Announcement • Nov 03
KLA Corporation Appoints Robert Calderoni as Chair of the Board KLA Corporation announced that its Board of Directors has appointed Robert Calderoni as chair effective immediately. Calderoni will succeed Edward "Ned" Barnholt whose term has ended, having served as Board Chair since 2006. Calderoni has held a seat on the KLA Board as an independent director since 2007. A highly respected leader, he has more than 30 years of executive experience in the technology industry. Calderoni was most recently the interim president and chief executive officer at Citrix Systems prior to its acquisition in September 2022. Previous roles have included chief executive officer at Ariba Inc., president of SAP AG's cloud business, and chief financial officer of Avery Dennison. Earlier in his career, he held senior financial roles at Apple and IBM. Reported Earnings • Oct 27
First quarter 2023 earnings released: EPS: US$7.23 (vs US$7.01 in 1Q 2022) First quarter 2023 results: EPS: US$7.23. Revenue: US$2.72b (up 31% from 1Q 2022). Net income: US$1.03b (down 4.0% from 1Q 2022). Profit margin: 38% (down from 51% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Semiconductor industry in Europe are expected to grow by 13%. 
