KLA (KLAC) Reports Q2 Earnings: What Key Metrics Have to Say

Core Insights - KLA reported a revenue of $3.08 billion for the quarter ended December 2024, marking a year-over-year increase of 23.7% and exceeding the Zacks Consensus Estimate of$ 2.93 billion by 4.88% [1] - The company's EPS for the same period was $8.20, up from$ 6.16 a year ago, representing a surprise of 6.08% compared to the consensus estimate of $7.73 [1] Revenue Breakdown - Semiconductor Process Control revenues reached$ 2.76 billion, surpassing the estimated $2.62 billion, with a year-over-year increase of 25.6% [4] - Specialty Semiconductor Process revenues were reported at$ 160.41 million, exceeding the average estimate of $141.12 million, reflecting a 6.9% year-over-year change [4] - Service revenues totaled$ 667.39 million, slightly below the estimated $671.85 million, but still showing an 18.1% increase compared to the previous year [4] - Product revenues amounted to$ 2.41 billion, exceeding the average estimate of $2.24 billion, with a year-over-year growth of 25.4% [4] - PCB, Display and Component Inspection revenues were reported at$ 161.08 million, above the estimated $147.47 million, representing a 12.6% year-over-year increase [4] Stock Performance - KLA shares have returned +13.2% over the past month, significantly outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]