澳洲幸运5官方开奖结果体彩网

KLA Corporation Stock Falls from an All-Time High on Weak Guidance

By
澳洲幸运5官方开奖结果体彩网:Bill McColl
Bill McColl
澳洲幸运5官方开奖结果体彩网:Full Bio

Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of the most notable news stories of the time.

Learn about our 澳洲幸运5官方开奖结果体彩网:editorial policies
Published January 26, 2024
KLA logo.

Rafael Henrique / SOPA Images /🌠 LightRocket🀅 / Getty Images

Key Takeaways

  • KLA Corporation warned that the current quarter will be the low point of the year as it faces a challenging market environment.
  • The semiconductor equipment maker posted guidance that was below estimates, even as its quarterly results were better than expected.
  • Shares of KLA fell from their all-time high set yesterday.

Shares of KLA Corporation (KLAC) tumbled as the semiconductor equipment maker’s current quarter outlook was ꧒lower than expected on “challenging” market conditions.

The company anticipates fiscal third-quarter 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $5.26 +/- $0.60, and revenue of $2.3 million +/- $125 million. Both were below forecasts. 

CFO Bren Higgins told analysts KLA faced the “challenges and complexity of the current industry environment.” CEO Rick Wallace added that the company expects the current quarter to be the “low point for the year,” with  business to improve th🅠roughout 2024.

In its fiscal second quarter, KLA 💟reported EPS of $6.16, with revenue of $2.49 billion. Both were about 17% lower than the year before, although th꧅ey still exceeded estimates.  

KLA Corporation shares were down 5.8% at $604.84 at around 3:00 p.m. ET Friday. The stock had reached an all-time high Thursday, and even with today’s losses they remain up more than 40% over the past year.

KLAC

TradingView
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.

  1. KLA Corporation. "."

Compare Accounts
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.
Read more

Related Articles

CrowdStrike office.
CrowdStꦐrike Stock Slides After Hitting ꧃All-Time High as Revenue Forecast Disappoints
Cars and trucks are seen in front of a Dollar Tree store.
Dolla🧜r Tree Tops Q1 Estimates But Expects Profit to Dip Due to Tariffs
Broadcom Corporation
What Anal🔯ysts Think of Broadcom Stock Ahead of Earnings
The SAIC logo is seen displayed on a smartphone screen.
SAIC Stock Drops as Q1 Profit, Free Cash Flow Fall Shorꦦt
A DKNY sign hangs in front of their store at the Woodbury Common Premium Outlets shopping mall in Central Valley, New York
DKNY Owner G-III Warns of Tariff꧋ Impact on Profit, Withdraws Outlook
A Zales Jewelers store, owned by Signet, in New York.
Signet Jeweler𝓡s Stock Jumps as Q1 Results, Outlook Bea♏t Estimates
An Airstream trailer during a Great American Road Trip Expo hosted by the Department of Transportation (DOT) in Washington, DC, on May 29, 2025
RV Maker Thor Industries Tops Estimates on North ✨A꧑merica Sales, Cost Controls
A consumer approaches a Dollar Tree store in New York
More High-I♕ncome Households Are Shopping at 🌜Discount Retailers Like Dollar Tree
Ferguson Enterprises logo is seen displayed on a smartphone screen
Ferguson Stock Soars on HVAC Equipment Maker's Strong Results, Lifted Outlook
Best Buy sign
Bes�🎶�t Buy Stock Tumbles as Retailer Lowers Outlook on Tariffs Hit
Jars of Rao's brand pasta sauce on a store's shelves
Cooking at Home Hasn't Been This Common Since 2020, Campbell's Says
Broadcom headquarters.
Broadcom Posts Record Quarterly Revenue, 'Driven by Robust Demand for AI'
Manchester United's Danish midfielder #14 Christian Eriksen (2L) celebrates with teammates after scoring their second goal from the penalty spot during the English Premier League football match between Manchester United and Aston Villa at Old Trafford in Manchester, north west England, on May 25, 2025
Manchester United Stock Pops as 🌼Deep Europa League🌌 Run Fuels Revenue Gains
Cars and people are seen outside a Burlington store.
Burlington Expects 'Significant Pressure' From Tariffs as Profits Top Estimates
Nvidia sign
Nvidia's Revenue Hits Record High, But China Sales Restrictions Squeeze Profits
People are seen standing around two electric vehicle on the floor of an auto show.
Li Auto Stock Falls on Chinese EV Maker's Weaker-Than-Expected Profit, Outlook