KLA's (KLAC) Q4 Earnings & Revenues Beat Estimates, Rise Y/Y

KLA Corporation (KLAC) reported fourth-quarter fiscal 2024 non-GAAP earnings of $6.60 per share, beating the Zacks Consensus Estimate by 8.55%. The figure jumped 25.5% year over year. Revenues increased 9.1% year over year to$ 2.57 billion, surpassing the Zacks Consensus Estimate by 2.57%. Sequentially, revenues increased 9%. Foundry & Logic accounted for about 82%, while Memory constituted about 18% of Semiconductor Process Control revenues. Within memory, approximately 82% was from DRAM and 22% was from N ...