KLA Corporation announced strong financial and operating results for its third quarter of fiscal year 2025, which ended on March 31, 2025. The company reported GAAP net income of $1.09 billion and GAAP diluted EPS of $8.16 on total revenues of $3.06 billion. Non-GAAP diluted EPS was $8.41, exceeding the average analyst estimate of $8.06 per share.
Total revenues for the quarter reached $3.06 billion, representing a significant 30% increase year-over-year from Q3 FY24, and surpassed the midpoint of KLA's guidance. This growth was primarily driven by increased investment in leading-edge logic and high-bandwidth memory (HBM) supporting AI. The advanced packaging business also made a strong contribution, with revenue expected to exceed $850 million in calendar 2025.
KLA's Board of Directors approved a 16th consecutive annual dividend increase, raising the quarterly dividend to $1.90 per share from $1.70 per share, a 12% increase. Additionally, the Board authorized a new $5 billion share repurchase program, adding to the approximately $457 million remaining from the existing authorization. These capital return actions reflect confidence in KLA's business model and long-term value accretion.
For the fourth quarter of fiscal 2025, KLA provided guidance for total revenues between $2.93 billion and $3.23 billion, with non-GAAP diluted EPS expected to range from $7.75 to $9.31. The company anticipates outperforming the mid-single-digit wafer fab equipment (WFE) market growth rate by several points for calendar year 2025. Management noted no indications of demand changes from customers for calendar year 2025, despite global trade dynamics.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.