KLA (KLAC) Revenue — Quarter Ended Mar 31, 2023
Revenue declined from the prior quarter but rose compared to the same quarter last year. The sequential decrease followed a period of strong growth in earlier quarters.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q3
Revenue declined from the prior quarter but rose compared to the same quarter last year. The sequential decrease followed a period of strong growth in earlier quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.4B
Revenue reported for this quarter.
Quarter-over-quarter
-18.5%
Change from the immediately preceding quarter.
Year-over-year
+6.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $2.5B | +29.1% |
| Sep 30, 2022 | $2.7B | +30.7% |
| Dec 31, 2022 | $3B | +26.8% |
| Mar 31, 2023 | $2.4B | +6.3% |
Revenue performance
The reported revenue for the quarter was lower than the immediately preceding quarter, marking a reversal from the prior upward trend.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher. However, it was lower than the quarter ended December 31, 2022.
What to watch
The sequential decline in revenue may warrant attention given the preceding quarters of consistent growth.