World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire"

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

KLA Stock Slips Despite Better-Than-Expected Q3 Results

Erica Kollmann
April 30, 2025

KLA Corp. (NASDAQ:KLAC) released its third-quarter results after Wednesday's closing bell. Here's a look at the details from the quarter. 

The Details: KLA reported quarterly earnings of $8.41 per share, which beat the analyst consensus estimate of $8.08. Quarterly revenues of $3.06 billion beat the analyst consensus estimate of $3.01 billion and is up from revenues of $2.36 billion from the same period last year.

Read Next: SoFi Brings Crypto Back After Trump Policy Changes 

“KLA’s March quarter results were above the midpoint of our guidance ranges and established a strong start to the calendar year. Though global trade dynamics are driving uncertainty across the global economy, to date, we have received no indications of demand changes from our customers for calendar year 2025,” said Rick Wallace, CEO of KLA Corporation.

Outlook: KLA sees fourth-quarter adjusted earnings of between $7.75 and $9.31 per share, versus the $7.98 analyst estimate, and revenue in a range of $2.92 billion to $3.22 billion, versus the $3 billion estimate.

KLAC Price Action: According to data from Benzinga Pro, KLA stock was down 1.81% after-hours at $690 on Wednesday.  

Read Next: 

  • ‘Sell In May And Go Away?’ Only In Bear Markets, One Expert Says 

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