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February 3 , 2021 KLA + KLA Corporation Reports Fiscal 2021 Second Quarter Results - Total revenues were $ 1.65 billion , finishing near the high - end of guidance ; - GAAP diluted EPS attributable to KLA was $ 2.94 , and non - GAAP diluted EPS attributable to KLA was $ 3.24 , each also finishing above the mid - point of guidance ; - Cash flow from operations and free cash flow were both records at $ 561.1 million and $ 501.9 million , respectively ; - Capital return was $ 317.1 million with $ 139.6 million in dividends and $ 177.5 million in share repurchases MILPITAS , Calif . , Feb. 3 , 2021 / PRNewswire / --KLA Corporation ( NASDAQ : KLAC ) today announced operating results for its second quarter of fiscal year 2021 , which ended on Dec. 31 , 2020 , and reported GAAP net income attributable to KLA of $ 457 million and GAAP earnings per diluted share attributable to KLA of $ 2.94 on revenue of $ 1.65 billion . Link : https://mma.prnewswire.com/media/806571/KLA_Corporation_Logo.jpg " Our results for the December quarter and calendar 2020 demonstrate continued strong demand from customers , exceptional execution by our global teams , and the enduring strength and resiliency of our KLA operating model in guiding our strategic objectives , " commented Rick Wallace , president and chief executive officer of KLA Corporation . " In the December quarter we also generated record free cash flow while continuing our commitment to capital returns to our shareholders . " Total revenue Net Income Attributable to KLA Earnings per Diluted Share Attributable to KLA GAAP Results Q2 FY 2021 $ 1,651 million $ 457 million $ 2.94 Q1 FY 2021 $ 1,539 million $ 421 million $ 2.69 Non - GAAP Results Q2 FY 2021 $ 504 million $ 3.24 Q1 FY 2021 $ 475 million $ 3.03 Adjusted Net Income Attributable to KLA Earnings per Diluted Share Attributable to KLA Q2 FY 2020 $ 1,509 million $ 381 million $ 2.40 Q2 FY 2020 $ 422 million $ 2.66 A reconciliation between GAAP operating results and non - GAAP operating results is provided following the financial statements included in this release . KLA will discuss the results for its fiscal year 2021 second quarter , along with its outlook , on a conference call today beginning at 2 p.m. PT . A webcast of the call will be available at : www.kla.com .