Summary
KLA-Tencor Corporation, a leading supplier of process control and yield management solutions for the semiconductor industry, reported robust financial performance for the fiscal year ended June 30, 2012, driven by strong demand in the mobile device market. Total revenues remained strong at $3.17 billion, a slight decrease of 0.1% year-over-year, while net income was $756 million. The company's core business, serving IC manufacturers, benefited from significant customer investments in advanced technology and capacity expansion. Geographically, Asia continued to be the largest market, accounting for a substantial portion of revenue. The company maintained a strong balance sheet with over $2.5 billion in cash, cash equivalents, and marketable securities, underscoring its financial stability. KLA-Tencor also demonstrated a commitment to shareholder returns by increasing its quarterly dividend and continuing its share repurchase program. The company's outlook remains focused on innovation and addressing the evolving technological challenges within the semiconductor industry.
Financial Highlights
54 data points| Revenue | $3.17B |
| Cost of Revenue | $1.33B |
| Gross Profit | $1.84B |
| R&D Expenses | $452.94M |
| SG&A Expenses | $372.67M |
| Operating Expenses | $2.16B |
| Operating Income | $1.02B |
| Interest Expense | $54.20M |
| Net Income | $756.01M |
| EPS (Basic) | $4.53 |
| EPS (Diluted) | $4.44 |
| Shares Outstanding (Basic) | 166.79M |
| Shares Outstanding (Diluted) | 170.15M |
Key Highlights
- 1Total revenues were $3.17 billion for the fiscal year ended June 30, 2012, indicating stable performance compared to the previous year.
- 2Net income stood at $756 million, reflecting strong profitability.
- 3The company generated significant cash flow from operations, ending the fiscal year with $2.5 billion in cash, cash equivalents, and marketable securities.
- 4Asia, particularly Taiwan and Korea, remained the largest geographic revenue markets, highlighting the company's strong presence in key semiconductor manufacturing regions.
- 5KLA-Tencor announced an increase in its quarterly dividend and continued its share repurchase program, signaling a focus on returning capital to shareholders.
- 6Research and development expenses increased by 17% to $453 million, demonstrating the company's commitment to innovation and new product development to address evolving industry needs.
- 7The company's primary customers include major semiconductor manufacturers such as Samsung Electronics, Intel, and Taiwan Semiconductor Manufacturing Company.