KLA(US:KLAC)2024-10-30 20:20Financial Performance - Q1 Fiscal Year 2025 - Revenue reached $2.84 billion[7] - Gross margin was 61.2%[7] - Operating margin was 41.5%[7] - Net income totaled $988 million[7] - Non-GAAP diluted EPS was $7.33[7] - GAAP diluted EPS was $7.01[7] Revenue Breakdown - Semiconductor Process Control (Systems + Services) accounted for 90% of revenue, totaling $2.575 billion, with a year-over-year growth of 21% and a quarter-over-quarter growth of 12%[9] - Specialty Semiconductor Process (Systems + Services) contributed $129 million, representing 5% of revenue, with a year-over-year growth of 1% and a quarter-over-quarter growth of 6%[9] - PCB and Component Inspection (Systems + Services) generated $138 million, accounting for 5% of revenue, with a year-over-year growth of 1% and a quarter-over-quarter decrease of 1%[9] - Wafer Inspection accounted for 48% of revenue, totaling $1.369 billion, with a year-over-year growth of 36% and a quarter-over-quarter growth of 17%[12] Balance Sheet - Total cash was $4.63 billion[14] - Bonds outstanding amounted to $6.70 billion[15] - Working capital was $5.43 billion[17] - Total assets were $15.682 billion[20] - Total shareholders' equity was $3.56 billion[24] Capital Returns and Free Cash Flow - September quarter free cash flow was $935 million, with a free cash flow margin of 33% and a free cash flow conversion of 95%[32] - Share buybacks for the September quarter were $567 million, with $1.848 billion in LTM share buybacks[33] - Dividends paid in the September quarter were $198 million, with $790 million in LTM dividends paid[33] Guidance for Q2 Fiscal Year 2025 - Revenue is expected to be $2.95 billion, with a variance of plus or minus $150 million[34] - Non-GAAP gross margin is projected to be 61.5%, with a variance of plus or minus 1%[34] - Non-GAAP diluted EPS is expected to be $7.75, with a variance of plus or minus $0.60[34]