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Barchart
Barchart
Rashmi Kumari

What You Need To Know Ahead of KLA Corporation's Earnings Release

KLA Corporation (KLAC), founded in 1975 and headquartered in Milpitas, California, is a leading provider of process control and yield management solutions for the semiconductor and electronics industries. With a market cap of $87.9 billion, KLAC offers advanced inspection, metrology, and analytics products that help manufacturers improve production efficiency and quality. The company is scheduled to release its Q2 earnings on Thursday, Jan. 23.

Ahead of this event, analysts expect KLAC to report a profit of $7.73 per share, up 25.5% from $6.16 per share in the year-ago quarter. The company’s solid track record of consistently surpassing Wall Street's bottom-line estimates in the last four quarterly reports is even more impressive.

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