KLA (KLAC) Revenue — Quarter Ended Jun 30, 2023
Revenue for the reporting period declined compared to the immediately preceding period and the same period one year earlier. This marks a reversal from the growth observed in the earlier periods of the year.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q4
Revenue for the reporting period declined compared to the immediately preceding period and the same period one year earlier. This marks a reversal from the growth observed in the earlier periods of the year.
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
-3.2%
Change from the immediately preceding quarter.
Year-over-year
-5.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.5B
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 |
|---|---|---|
| Sep 30, 2022 | $2.7B | +30.7% |
| Dec 31, 2022 | $3B | +26.8% |
| Mar 31, 2023 | $2.4B | +6.3% |
| Jun 30, 2023 | $2.4B | -5.3% |
Revenue performance
The reported revenue shows a sequential decline, ending a stretch of year-over-year increases that had persisted through the preceding three periods.
Quarterly comparison
Compared to the preceding period, revenue decreased. The decline relative to the same period one year earlier was larger than the sequential decline.
What to watch
The trailing twelve-month revenue, which includes the higher figures from earlier periods, is above the current period's annualized run rate, highlighting the recent downturn.