🟢 KLA is trading 6% up today after earnings beat and outlook topped expectations

KLA is trading at $167.67, up 5.61%, after earnings beat expectations and its December-quarter revenue outlook exceeded analysts’ expectations.

• October 28 results: revenue was $4.14 billion and non-GAAP EPS was $1.22.
• December-quarter revenue guidance was $4.7 billion ± $200 million.
• Coverage also cited AI-related process-control demand and growth expectations; Needham lowered its price target but maintained a Buy rating.