Summary
KLA-Tencor Corporation (KLAC) filed an 8-K on July 10, 2012, to report updated financial guidance provided during their annual SEMICON West analyst briefing on July 9, 2012. The company indicated that for its recently completed fourth quarter of fiscal year 2012 (ended June 30, 2012), bookings were approximately $827 million, slightly below the March quarter's $834 million but within the previously issued guidance range. Revenue was reported to be toward the high end of the $840 million to $900 million range. Furthermore, the company's non-GAAP Earnings Per Share (EPS) for Q4 FY12 was expected to be towards the upper end of the previously guided range of $1.20 to $1.38, with a preliminary look at the tax rate suggesting EPS might actually exceed the guided range when final results are announced. The filing also notes that forward-looking statements are subject to risks and uncertainties, and the company does not intend to update these statements.
Key Highlights
- 1KLA-Tencor provided updated financial guidance for Q4 FY12 at the SEMICON West analyst briefing on July 9, 2012.
- 2Q4 FY12 bookings were approximately $827 million, close to the prior quarter's $834 million and within the previously guided range.
- 3Q4 FY12 revenues were expected to be towards the high end of the $840 million to $900 million guidance range.
- 4Q4 FY12 non-GAAP EPS was projected to be towards the upper end of the $1.20 to $1.38 guidance.
- 5Preliminary tax rate analysis suggests Q4 FY12 EPS may exceed the upper end of the guided range.
- 6The company indicated future outlook information was provided via a webcast on their website.
- 7The filing includes standard cautionary language regarding forward-looking statements and states no intention to update them.