KLA Posts Higher 2Q Profit On Product and Services Sales Growth
By Amira McKee
KLA posted a higher fiscal second quarter profit on gains in products and services revenue.
The semi-conductor equipment provider logged net income of $1.15 billion, or $8.68 per share, in the period ended Dec. 31, compared with $824.5 million, or $6.16 a share, a year earlier.
Adjusted earnings were $8.85 per share. Analysts polled by FactSet were looking for $8.79 per share.
Revenue rose 7.1% to $3.3 billion, beating the $3.25 billion forecast by Wall Street, according to FactSet. Services revenue increased 18%, while products revenue rose 4.2%.
KLA expects third-quarter revenue in the range of $3.2 billion to $3.5 billion and adjusted earnings in the range of $8.30 to $9.86 per share.
Analysts polled by FactSet anticipate third-quarter revenue of $3.29 billion and adjusted earnings of $8.97 per share.
"As we look forward to calendar year 2026, KLA is a key enabler of the AI ecosystem and continues to uniquely benefit from the AI infrastructure buildout across all major growth vectors, including foundry/logic, memory, advanced packaging, and services." CEO Rick Wallace said.
Write to Amira McKee at amira.mckee@wsj.com
(END) Dow Jones Newswires
January 29, 2026 17:31 ET (22:31 GMT)
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