KLA Corp (NAS:KLAC)
$ 647.03 14.89 (2.36%) Market Cap: 86.55 Bil Enterprise Value: 86.75 Bil PE Ratio: 29.54 PB Ratio: 24.32 GF Score: 95/100

KLA Corp at JPMorgan Global Technology, Media and Communications Conference Transcript

May 24, 2023 / 02:00PM GMT
Release Date Price: $408.9 (-1.40%)
Harlan Sur
JPMorgan Chase & Co, Research Division - Senior Analyst

Good morning, and welcome to the third day of JPMorgan's 51st Annual Technology Media and Communications Conference. My name is Harlan Sur, semiconductor and -- semiconductor capital equipment analyst for the firm. Very pleased to have Bren Higgins, Executive Vice President and Chief Financial Officer of KLA here with us today. I've asked Bren to start off with some opening remarks, then we can go ahead and kick off the Q&A. So Bren, thank you very much for joining us this morning, and let me go ahead and turn it over to you.

Bren D. Higgins
KLA Corporation - Executive VP & CFO

Yes, Harlan, thank you for having us. Just quickly, and I'm sure we'll talk a lot about the current environment, I just want to spend just a minute and do a little retrospective on '22.

Company did about $10.5 billion in revenue in '22, which was a growth rate in the high 20th percentile. We also drove earnings to grow in the high 30th percentile. So it was a really strong year for the company

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