KLA (KLAC) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter declined compared to the same quarter last year. Sequentially, revenue increased slightly from the immediately preceding quarter.
Key takeaway
Quarter ended Sep 30, 2023 · FY2024 Q1
Revenue for the quarter declined compared to the same quarter last year. Sequentially, revenue increased slightly from the immediately preceding quarter.
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
+1.8%
Change from the immediately preceding quarter.
Year-over-year
-12.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.2B
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 |
|---|---|---|
| Dec 31, 2022 | $3B | +26.8% |
| Mar 31, 2023 | $2.4B | +6.3% |
| Jun 30, 2023 | $2.4B | -5.3% |
| Sep 30, 2023 | $2.4B | -12.0% |
Revenue performance
The reported revenue direction was down year over year, reflecting a decrease from the prior year's same period.
Quarterly comparison
Compared to the immediately preceding quarter, revenue showed a modest increase. However, when measured against the same quarter one year earlier, revenue was lower.
What to watch
The sequential revenue improvement may warrant monitoring for sustainability given the year-over-year decline.