04:50 PM EDT, 04/25/2024 (MT Newswires) -- KLA (KLAC) reported fiscal Q3 non-GAAP net income late Thursday of $5.26 per diluted share, down from $5.49 a year earlier.

Analysts polled by Capital IQ expected $5.06.

Revenue for the quarter ended March 31 was $2.36 billion, down from $2.43 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.32 billion.

For fiscal Q4, the company is projecting non-GAAP EPS of $5.47 to $6.67 on revenue of $2.38 billion to $2.63 billion.

Analysts polled by Capital IQ are looking for $5.72 and $2.43 billion, respectively.

The shares of the company were 1.3% higher in after-hours activity.

Price: 682.00, Change: +9.05, Percent Change: +1.34