KLA Beats Q4 Revenue but Slashes EPS Outlook, Stock Drops
KLAC has more than doubled off its 52-week low of $83.224.
Summary
KLA reported fiscal Q4 revenue of $3.66B, beating the $3.60B consensus, and adjusted EPS of $1.05, hitting the high end of prior guidance. The company's bottom line climbed, driven by accelerating AI-driven demand for process control and infrastructure buildout. However, KLA cut its EPS outlook, with the Q1 FY2027 GAAP EPS forecast of $1.14 ± $0.10 disappointing investors. The negative reaction reflects concern over margin pressure or spending headwinds despite top-line strength. This follows a 10-for-1 stock split in June and a strong Q3.
At the time of this announcement, KLAC was trading at $175.69 on NASDAQ in the Technology sector, with a market capitalization of approximately $249.2B. The 52-week trading range was $83.22 to $307.37. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Reuters.