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KLA Corp posts Q4 beat, shares tumble amid underwhelming guidance
['Vlad Schepkov', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Investing.com -- KLA Corporation reported fiscal fourth-quarter profit that topped analyst expectations, but the company's shares fell more than 10% in premarket trading Wednesday due to what analysts see as limited upside into next quarter.
The semiconductor equipment maker reported fourth-quarter earnings per share of $1.05, beating the analyst estimate of $1.00.
KLA sees first-quarter earnings per share of $1.06 to $1.26, compared to the consensus of $1.13.
The company projects fiscal 2027 revenue of $3.8 billion to $4.2 billion, versus the consensus estimate of $3.91 billion.
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