KLA (KLAC) Revenue — Quarter Ended Dec 31, 2023
Revenue for the quarter increased compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2024 Q2
Revenue for the quarter increased compared to the immediately preceding quarter. However, revenue declined relative to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.5B
Revenue reported for this quarter.
Quarter-over-quarter
+3.7%
Change from the immediately preceding quarter.
Year-over-year
-16.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.7B
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 |
|---|---|---|
| Mar 31, 2023 | $2.4B | +6.3% |
| Jun 30, 2023 | $2.4B | -5.3% |
| Sep 30, 2023 | $2.4B | -12.0% |
| Dec 31, 2023 | $2.5B | -16.7% |
Revenue performance
The reported revenue direction is upward from the prior quarter, marking a sequential improvement. This contrasts with the year-over-year decline, indicating a mixed performance.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. Compared to the same quarter one year earlier, revenue fell.
What to watch
The sequential revenue increase follows two consecutive quarters of decline, warranting attention to whether this trend can be sustained.