How did KLA-Tencor's revenue performance compare to the prior year's quarter?

KLA-Tencor reported total revenues of $840.5 million for the quarter ended March 31, 2012, which represents a slight increase of 1% compared to $834.1 million in the same quarter of the prior year. Product revenues also showed a similar trend, increasing by 1% year-over-year.

What is the company's current financial health and liquidity position?

The company maintains a strong liquidity position, with total cash, cash equivalents, and marketable securities amounting to $2.4 billion as of March 31, 2012. This reflects a healthy financial standing and the ability to fund operations and strategic initiatives.

How is KLA-Tencor investing in its future?

KLA-Tencor continues to invest in its future through increased Research and Development (R&D) expenses, which rose 15% year-over-year. This indicates a commitment to innovation and developing new technologies to address evolving customer needs in the semiconductor industry.

What is the company doing to return value to its shareholders?

KLA-Tencor is returning value to shareholders through an increased quarterly cash dividend, raised to $0.35 per share, and an active share repurchase program. These actions demonstrate a commitment to enhancing shareholder returns.

KLAC 10-Q Quarterly Report Q3 FY2012 — Revenue, Net Income, EPS

Summary

KLA-Tencor Corporation (KLAC) reported solid financial results for the third quarter of fiscal year 2012, ending March 31, 2012. Total revenues reached $840.5 million, a slight increase of 1% compared to the same quarter last year, driven by a strong performance in product revenues which saw a 1% increase year-over-year. The company demonstrated effective cost management, with R&D expenses increasing 15% and SG&A expenses decreasing 8% year-over-year, contributing to a stable gross margin of 57.7% for the quarter. Net income for the quarter was $205.3 million, or $1.21 per diluted share, indicating a slight decrease from the prior year's quarter, primarily due to higher cost of revenues and R&D investments. The company maintained a strong liquidity position, with cash, cash equivalents, and marketable securities totaling $2.4 billion. KLA-Tencor also continued its commitment to returning capital to shareholders through increased dividend payments and a robust share repurchase program.

Financial Highlights

48 data points

Beta

Revenue

$840.52M

0.6% Gross Margin

Net Income

$205.35M

0.2% Net Margin

EPS (Diluted)

$1.21

Total Assets

$4.93B

Cash & Equivalents

$763.91M

Free Cash Flow

$247.82M

Financial Statements

Beta

Revenue	$840.52M
Cost of Revenue	$355.15M
Gross Profit	$485.37M
R&D Expenses	$110.10M
SG&A Expenses	$91.00M
Operating Expenses	$556.25M
Operating Income	$284.27M
Interest Expense	$13.51M
Net Income	$205.35M
EPS (Basic)	$1.23
EPS (Diluted)	$1.21
Shares Outstanding (Basic)	167.07M
Shares Outstanding (Diluted)	170.15M

Key Highlights

1Total revenues for the third quarter of FY12 were $840.5 million, a 1% increase year-over-year.
2Product revenues showed resilience, increasing by 1% year-over-year to $701.2 million.
3Net income for the quarter was $205.3 million, resulting in diluted EPS of $1.21.
4The company maintained a strong cash position, with $2.4 billion in cash, cash equivalents, and marketable securities.
5R&D expenses increased by 15% year-over-year, reflecting continued investment in innovation.
6SG&A expenses decreased by 8% year-over-year, indicating effective cost control.
7The company increased its quarterly dividend to $0.35 per share and continued its share repurchase program.

KLA CORP Quarterly Report for Q3 Ended Mar 31, 2012

Summary

Financial Highlights

Key Highlights

Frequently Asked Questions