In today’s briefing:
- KLAC. Bouncing Along The Bottom
KLAC. Bouncing Along The Bottom
- Q323 revenues of $2.40 billion, at the upper end of the guidance range, up 2% QoQ but down 12.5% YoY
- Current quarter revenue forecast of $2.45 billion, essentially flat sequentially
- Services revenue on track for ~8% YoY growth despite overall revenues tracking to an 8.6% YoY decline..
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