KLA's Q3 revenue and adjusted EPS both exceeded expectations, plans to repurchase $7 billion in shares
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Glonghui, April 30—Chip manufacturing equipment supplier KLA announced that its revenue for the third fiscal quarter reached $3.42 billion, an increase of 11.8% year-on-year, surpassing the market expectation of $3.37 billion; adjusted earnings per share were $9.4, also higher than the market forecast of $9.14. Looking ahead to the fourth fiscal quarter, the company expects revenue to be between $3.375 billion and $3.775 billion, and earnings per share to be between $8.87 and $10.87, while market expectations are $3.54 billion and $9.85, respectively. The Board of Directors has approved an increase in the quarterly dividend from $1.9 to $2.3 per share and announced a $7 billion stock repurchase plan.
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