KLA (KLAC) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared to the prior quarter and also rose relative to the same quarter last year. The sequential and year-over-year gains indicate a reversal of the declining trend seen in earlier periods.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q4
Revenue for the quarter increased compared to the prior quarter and also rose relative to the same quarter last year. The sequential and year-over-year gains indicate a reversal of the declining trend seen in earlier periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.6B
Revenue reported for this quarter.
Quarter-over-quarter
+8.9%
Change from the immediately preceding quarter.
Year-over-year
+9.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.8B
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, 2023 | $2.4B | -12.0% |
| Dec 31, 2023 | $2.5B | -16.7% |
| Mar 31, 2024 | $2.4B | -3.0% |
| Jun 30, 2024 | $2.6B | +9.1% |
Revenue performance
Reported revenue moved higher, marking the first quarterly increase after three consecutive quarters of decline.
Quarterly comparison
Revenue rose compared to the immediately preceding quarter and also increased versus the same quarter one year earlier. This contrasts with the prior three quarters, each of which showed a decline from the year-ago period.
What to watch
The filing context does not provide specific commentary on revenue drivers for this quarter.