---
schema_version: "secwatch.filing_event.v1"
accession: "0000319201-24-000003"
form_type: "8-K"
ticker: "KLAC"
cik: "0000319201"
company_name: "KLA CORP"
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:39:17.466106+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# KLA Q2 FY2024 revenue $2.49B beat guidance; non-GAAP EPS $6.16 near upper end; Q3 outlook soft

## Summary
- Total revenue $2.49B above midpoint of $2.45B guidance; GAAP EPS $4.28, non-GAAP $6.16.
- GAAP net income $583M vs $979M YoY, hit by $219M goodwill/intangible impairment ($1.59/diluted share).
- Cash flow from operations $622M in Q2; free cash flow $545M; capital returns $635M.
- Q3 FY2024 guidance: revenue $2.30B ± $125M; non-GAAP EPS $5.26 ± $0.60, below Q2 actual.
- CEO says business stabilized at current levels but near-term visibility limited; customers improving.

## SEC filing metadata
- accession: 0000319201-24-000003
- form_type: 8-K
- ticker: KLAC
- cik: 0000319201
- company_name: KLA CORP
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/319201/000031920124000003/0000319201-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/319201/000031920124000003/klac-20240125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000319201-24-000003
- JSON: https://secwatch.observer/filing/0000319201-24-000003.json
- Plain text: https://secwatch.observer/filing/0000319201-24-000003.txt

## Key facts
- Earnings Releases
  KLA CORP reported second quarter of fiscal year 2024 results: revenue $2.49 billion, net income $582.5 million, EPS $4.28.
  - Period: second quarter of fiscal year 2024
  - Revenue: $2.49 billion
  - Net income: $582.5 million
  - EPS: $4.28
  - Result: reported results
  source text: & KLA Services Communications (408) 875-6627 michael.dulin@kla.com kevin.kessel@kla.com KLA Corporation Reports Fiscal 2024 Second Quarter Results • Total revenues were $2.49 billion, above the midpoint of the guidance range of $2.45 billion +/- $125 million; • GAAP diluted EPS attributable to KLA was $4.28. Non-GAAP diluted EPS attributable to KLA was $6.16,
  evidence_url: https://www.sec.gov/Archives/edgar/data/319201/000031920124000003/0000319201-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.