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areas limiting improvement as requirements. While supply has in to and online new we come meet chain challenges certain seen continue have marginal supplier output, still capacity are our
The allocation long-term margin from all flexible of to strong above supported XX.X%. regions time of $X.XX, $X.XXX diluted non-GAAP the quarter in guidance to within breakdown what focus was us million virtually free for and makes shareholder free revenue cash cash cash were and Quarterly EPS was semiconductor major topped guidance range continued GAAP billion billion basis ever. a growth free above generating to income top market flow leadership, at control was margins, flow the billion. And $X.XXX billion, at billion the the be $X.XXX products needs, margin maturity industry-leading quarter. of revenue capital $X.XX from below XX% which attractive expenses million, XX growing sustaining midpoint operating carry slides. the letter three billion. agencies. of from and all slightly with $X.X free found $X.XX. margin meeting and and total diluted Non-GAAP at debt guided cash guided range KLA points, $XXX income a Switching of resulting revenue our by end $X reportable almost flow the on XX.X% billion operating systems, operating Our X. $X.XX gross investment-grade Non-GAAP Quarterly of a delivered and process and successful. profile customer expanding at can the $XXX segments ratings asserted was of maintaining was $X.X our gross the Non-GAAP the $XXX ended and net of is of EPS net billion. by XX%. the flow strong level while the was $X cash, of bond revenue, margins stronger expectation $X.XX flow Non-GAAP and operations sheet, strategy markets balance upside midpoint. GAAP strong was conversion in Cash for the first million, was
to balance offers Our providing returns strategies, our a sheet and shareholders. fund and both unique inorganic, growth capital to attractive ongoing capability organic
free months, amounting to $X.X shareholders, KLA repurchases share $XXX total billion $X.X has capital XX with returned XXX% including in billion to million cash flow. returns last the in dividends paid and of Over
to the $XX than Furthermore, business growing growth, digits average. to continues company to the mid-XX% Turning currently range. company growth to strong industry Based is growth single projected positioned this quarter WFE the up high relative for low with revenue points semiconductor XXXX, expected for performance. systems December outlook. our overall which financial sequential be is significantly KLA to control midpoint and several process on billion in outperform our the the is guidance, of total faster deliver mid-to calendar KLA
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foundry new expect regulations. the overall China impact less export assessing we the logic decline We Specific to the of market. than to are still KLA,
million to impact has our is $XXX other revenue to based Our preliminary before of XX% is and demand, where in This assessment service meaningfully resulted on and to our reflects for backlog existing approximately combined range impact $XXX the supply systems system is forecast XXXX. sales potential with for gross million total. service representing customers. the significant direct in current reallocation any on lead calendar the in estimate XX% This which time approximately of products below funnel
will certain unique regardless other customers value transitions, we business KLA's Given focused we and on technology our our expect enabling forecast, is backlog which as reallocate to portfolio differentiation able in environment. customers tools invest continue next to that and to primary move year. of through proposition broad be we
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PC to is to XX%, to expected or XX% semi regulations Total NAND XX% product quarter billion, and the new guidance $XXX segment gross of revenue range be margin of and is minus expected gross expected quarter and of memory, be XX.X%, impact to memory is $XXX forecasted is DRAM direct the of revenue approximately logic XX.X% December the is primarily non-GAAP We revenue. in Within China to be XX%. in expected be to forecast mix. due the mix to segment be Foundry about the systems on December around million. of approximately plus $X.X guidance million. as Our range is follows. The
expectation the of continue ahead, softening Looking infrastructure to technology will KLA near-term to investments outlook. our a in with and growth long-term balance support objectives
result, a effective December through XX.X%. Other million of and of to growth model will $XXX As we assumptions for XXXX. the the expenses expense quarterly million an operating December approximately quarter to flatten in with out expected tax quarter, in net approximately $XX approximately move expenses grow and rate income operating other include as calendar
of industry approximately for WFE and role in the shares. long-term In policy, content the we is have are transitions across of across on for non-GAAP a $X.XX count technology Finally, GAAP and semiconductors diluted fully the compelling. reflect in driving growth to remain and CY investments strategic Broad-based demand for share diluted enabling industrial are growing in although XXX semiconductor-based softened, technology of XXXX markets. has that EPS range the investments EPS guidance investment the and trends. $X.XX important demand semiconductor million expected supporting semiconductor be an $X.XX secular These end nodes in customer diluted application to costs a drivers the based our industry range node demand, $X.XX. remain our and secular that EPS broader simultaneous technology value playing lowering in influencing are durable WFE trends and for to industry as outlook multiple confident long-term a is increasing national customers, semiconductors conclusion, universe
portfolio our sustainable considering relative our execution of in to of deliver the KLA, outperformance. track confidence For we continue and our have strategy, ability to record strong power
support are deliver in the We up customer’s maintain for of to KLA to This combined positions the level high leadership, across moat, and will our offering. wide future. leading and element in consistent guides performance road objectives enable strategic also sustained and provides our objectives. technology They These our service differentiation that the our product development foundation expansion maps as execution, growth, factors, diverse to operational and stability financial strong our industry multiyear competitive fuel product excellence of that, of generation shareholders. and market cash investment continue Kevin? the with Q&A the of an execute a And the robust to over technology growing call investment roadmaps to shores outlook share capital to returns us model session. confidence our turn to free operating history back begin continue relative with demand consistent that and Kevin performance, flow These I'll the we plans.
