KLA Posts Q2 Earnings Beat, Issues Strong Q3 Guidance (KLAC)

KLA Corporation (KLAC) reported fiscal Q2 net income of $1.15 billion, or $8.68 per share, surpassing analyst expectations. Adjusted EPS of $8.85 beat the Zacks consensus estimate of $8.82. Revenue reached $3.3 billion, exceeding the Street’s forecast of $3.26 billion. The semiconductor equipment maker projects Q3 earnings between $8.30 and $9.86 per share on revenue of $3.2 billion to $3.5 billion, signaling sustained demand in chip manufacturing infrastructure. The results reflect continued strength in capital spending by global foundries and memory producers amid AI-driven semiconductor demand.