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#NASDAQ:KLAC

KLA Corporation Appoints Jamie E. Samath to Board and Audit Committee

KLA Corporation announced the appointment of Jamie E. Samath to its Board of Directors and Audit Committee, effective immediately.

Samath currently serves as Executive Vice President, Chief Financial Officer, and Head of Business Technology at Intuitive Surgical, Inc. He has held leadership roles at Intuitive for over 12 years, assuming the CFO role in 2022 and expanding his scope in 2024 to include IT, real estate, workplace services, and procurement.

In recognition of his appointment, Samath will receive a prorated restricted stock unit grant under KLA’s 2023 Incentive Award Plan and a prorated portion of the annual cash retainer for board and committee service.
KLA Corporation (NASDAQ: KLAC) announced that the company will review third quarter fiscal year 2025 earnings on Wednesday, April 30, 2025 at 2 p.m. PT. The company’s results will be published on the same day after the stock market closes, as well as supplemental disclosures including a shareholder letter and earnings slide presentation.
KLA Corporation (NASDAQ: KLAC) reported strong second-quarter fiscal 2025 results, with total revenue reaching $3.08 billion, at the upper end of its guidance range. GAAP diluted earnings per share (EPS) was $6.16, impacted by a $239.1 million impairment charge for goodwill and purchased intangible assets. Non-GAAP EPS stood at $8.20, also near the upper end of the guidance range. The company generated $849.5 million in cash flow from operations during the quarter and returned $876.9 million to shareholders through capital returns.

CEO Rick Wallace highlighted KLA's resilience despite the impact of new U.S. government export controls, emphasizing the company's position in AI and high-performance computing investments. KLA expects continued growth in semiconductor demand.

For the third quarter of fiscal 2025, KLA provided the following guidance:
- Revenue: $3.0 billion ± $150 million
- GAAP gross margin: 60.6% ± 1.0%
- Non-GAAP gross margin: 62.0% ± 1.0%
- GAAP diluted EPS: $7.77 ± $0.60
- Non-GAAP diluted EPS: $8.05 ± $0.60

The company continues to focus on innovation in semiconductor process control and remains well-positioned for long-term growth.