Summary
KLA Corp (KLAC) filed an 8-K on July 8, 2014, to provide updated financial guidance presented at its annual SEMICON West analyst briefing on July 7, 2014. The company announced that its bookings for the fourth quarter of fiscal year 2014, which ended June 30, 2014, exceeded its previously provided guidance range of $625-825 million, coming in between $895 million and $900 million. This performance contributed to fiscal year 2014 being the second-best year in the company's history for bookings. Additionally, KLA-Tencor stated that its revenues and non-GAAP earnings per share (EPS) for the fourth quarter of fiscal year 2014 were within the previously issued ranges. While specific updated figures for revenue and EPS were not detailed in the 8-K, the company indicated that they met expectations. Management also provided insights into the company's outlook for future periods during the briefing, with further details available via a webcast on their investor relations website.
Key Highlights
- 1KLA-Tencor's Q4 FY14 bookings surpassed previous guidance, reaching approximately $895-$900 million.
- 2Fiscal year 2014 marked KLA-Tencor's second-best year on record for bookings.
- 3Q4 FY14 revenues and non-GAAP EPS were reported to be within previously guided ranges.
- 4The company provided updated financial guidance during its SEMICON West analyst briefing.
- 5A live webcast of the presentation was accessible, with a replay available on the company's investor relations website.
- 6Management offered commentary on the company's future business outlook during the briefing.