Benzinga | Oct 28, 2020 04:35PM EDT

KLA Q1 Adj. EPS $3.03 Beats $2.77 Estimate, Sales $1.54B Beat $1.49B Estimate

KLA (NASDAQ:KLAC) reported quarterly earnings of $3.03 per share which beat the analyst consensus estimate of $2.77 by 9.39 percent. This is a 22.18 percent increase over earnings of $2.48 per share from the same period last year. The company reported quarterly sales of $1.54 billion which beat the analyst consensus estimate of $1.49 billion by 3.29 percent. This is a 8.92 percent increase over sales of $1.41 billion the same period last year.