Revenue and EPS Exceed Expectations
KLA's March quarter revenue was $3.06 billion, above the guidance midpoint of $3 billion. Non-GAAP diluted EPS was $8.41 and GAAP diluted EPS was $8.16, each finishing at the upper end of the respective guidance ranges.
Advanced Packaging Growth
KLA's advanced packaging revenue grew to over $500 million in calendar 2024 and is now expected to exceed $850 million in calendar 2025, demonstrating strong market demand and competitive positioning.
Service Business Growth
The KLA Services business grew to $669 million in the March quarter, up 13% year-over-year, marking its 52nd consecutive quarter of growth on a year-over-year basis.
Record-Free Cash Flow
Quarterly free cash flow was $990 million. Over the past 12 months, free cash flow was $3.5 billion with a free cash flow margin of 30%.
Continued Market Leadership
KLA maintained a strong global share of the WFE and Process Control market for calendar 2024, with a nearly 250 basis point growth over five years.