KLA Corporation Reports Q4 Beat, Shares Up 3%
<p><a href='https://financialmodelingprep.com/financial-summary/KLAC'>KLA Corporation (NASDAQ:KLAC)</a> shares rose more than 3% Friday afternoon following the company’s reported Q4 results, with EPS coming in at $5.81, better than the Street estimate of $5.50. Revenue came in at $2.49 billion, compared to the Street estimate of $2.43 billion.</p>
<p>According to the analysts at Deutsche Bank, the highlight of the quarter was the EPC business (up 9% quarter-over-quarter) reaching record quarterly revenues. The analysts continue to view EPC as a diversified set of verticals for the company, especially in the event of WFE downturns. While the company did acknowledge the current uncertainty in the industry, the analysts were impressed to hear management's increased confidence in its WFE outperformance in 2022 and with good visibility in H1/23. </p>
<p>The company provided its Q1/23 guidance, expecting EPS in the range of $5.70-$6.80, compared to the Street estimate of $5.81, and revenue in the range of $2.475-2.725 billion, compared to the Street estimate of $2.52 billion.</p>

NASDAQ:KLAC