KLA's (KLAC) Q3 Earnings & Revenues Beat Estimates, Fall Y/Y

KLA Corporation (KLAC) reported third-quarter fiscal 2024 non-GAAP earnings of $5.26 per share, beating the Zacks Consensus Estimate by 6.48%. The figure declined 4.2% year over year.Revenues decreased 3% year over year to $2.36 billion, surpassing the Zacks Consensus Estimate by 2.53%. Sequentially, revenues increased 4%.The year-over-year decline in the top line was attributed to softness in the Semiconductor Process Control, Specialty Semiconductor Process and PCB, Display and Component Inspection segmen ...