KLAC Q1 Earnings Beat Estimates, Revenues Rise on AI Demand

What happened: KLA $KLAC reported first-quarter fiscal 2027 non-GAAP earnings of $1.22 per share and revenues of $4.14 billion, both above the Zacks Consensus Estimate. Key numbers: EPS up 38.6% year over year, beat by 3.39%. Revenues up 28.9%, beat by 2.20%. Wafer Inspection revenues up 37% to $2.11 billion. Why it matters: Results benefited from AI infrastructure investments and leading-edge foundry/logic demand. KLA raised its calendar 2026 wafer equipment market outlook to the mid-$150 billion range and expects the market to exceed $200 billion in calendar 2027. Market: +2.4% today ($74.84), +1.1% YTD, 0.8x vol — as of 20:17 UTC Coverage: 9 outlets in 24h

KLA $KLAC reported first-quarter fiscal 2027 non-GAAP earnings of $1.22 per share and revenues of $4.14 billion, both above the Zacks Consensus Estimate.

Results benefited from AI infrastructure investments and leading-edge foundry/logic demand. KLA raised its calendar 2026 wafer equipment market outlook to the mid-$150 billion range and expects the market to exceed $200 billion in calendar 2027. Market: +2.4% today ($74.84), +1.1% YTD, 0.8x vol — as of 20:17 UTC