KLA Corporation Reports Q2 FY25 Earnings: $3.08B Revenue, $8.20 EPS, 24% Increase YoY, Beats Estimates, Stock Rises 4%

KLA Corporation (NASDAQ: KLAC) reported its Q2 FY25 earnings, revealing a revenue of $3.08 billion, which represents a 24% increase year-over-year and surpasses analyst expectations of $2.94 billion by $127 million. The company also reported earnings per share (EPS) of $8.20, exceeding estimates of $7.75 by $0.44 and marking a 33.12% year-over-year increase. KLA's strong performance is attributed to robust demand in the semiconductor sector, particularly driven by advancements in artificial intelligence and high-performance computing. The company's gross margin stood at 60.7% on a GAAP basis and 62.0% on a non-GAAP basis. Following the earnings announcement, KLA's stock rose approximately 4% in pre-market trading, reflecting positive investor sentiment regarding the company's growth outlook.