KLA Analysts Boost Their Forecasts After Upbeat Earnings
1. KLA reported Q2 earnings of $8.20 per share, beating estimates by $0.45. 2. Sales reached $3.08 billion, surpassing estimates by $140 million. 3. Strong growth in AI and high-performance computing investments supports future expansion. 4. Analysts raised price targets on KLA post-earnings, indicating positive sentiment. 5. KLA's outlook for Q3 indicates revenue of $3.0 billion +/- $150 million.