KLA Corporation delivers upbeat guidance as Q2 results top estimates

Investing.com -- KLA Corporation reported Thursday fiscal second-quarter results and semiconductor equipment maker despite the challenging backdrop following U.S. government's chip export controls.

KLA Corporation (NASDAQ: KLAC) was up 4% in aftermarket hours following the report.

KLA-Tencor announced earnings per share of $8.2 on revenue of $3.08 billion. Analysts polled by Investing.com anticipated EPS of $7.75 on revenue of $2.94B.

Looking ahead to Q3, the company forecast revenue of $3.0B, give or take $150M, beating consensus of $2.88B, while adjusted EPS was guided in a range of $8.05, five to take $0.60, compared with consensus estimates of $7.47.

"KLA's December quarter results were above the midpoint of our guidance ranges despite navigating through the business impact of new U.S. government export controls released late in the quarter," the company said on Thursday.

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