Overview

• US semiconductor process control firm's fiscal Q3 revenue rose, beating analyst expectations

• Adjusted EPS for fiscal Q3 rose to $9.40

• Company approved $7 bln in new share repurchases and raised quarterly dividend

Outlook

• KLA expects Q4 revenue of $3.575 bln +/- $200 mln

• Company sees Q4 GAAP diluted EPS of $9.66 +/- $1.00

• KLA says business momentum remains robust and is highly confident in 2026 outlook

Result Drivers

• AI INFRASTRUCTURE DEMAND - Co said results benefited from global AI infrastructure buildout across foundry/logic, memory, advanced packaging, and services

• MARKET SHARE GAINS - Co cited continued market share momentum in process control, referencing third-party industry reports

• SEMICONDUCTOR PROCESS CONTROL SEGMENT - Revenue growth was primarily driven by the Semiconductor Process Control division

Company press release: ID:nPnb3m6Wqa

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue	Beat	$3.42 bln	$3.37 bln (21 Analysts)
Q3 Adjusted EPS		$9.40

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy", 11 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"

• Wall Street's median 12-month price target for KLA Corp is $1,700.00, about 6% below its April 28 closing price of $1,808.97

• The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 31 three months ago

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