KLA-Tencor Q3 Revenues and Net Fall

Key figures were down for KLA-Tencor (NASDAQ: KLAC  ) in its Q3 results, but the company still did well enough to beat estimates. For the quarter, revenues were nearly $729 million, more than $100 million lower than the $841 million of the same period the previous year. Net income was also down substantially, landing at $166 million ($0.98 per diluted share) from Q3 2012's $205 million ($1.21).

In spite of the drops, those numbers beat both the average analyst estimates and the company's own profit projections. The former had the company posting a top line of just under $727 million and EPS of $0.87. KLA-Tencor's guidance, meanwhile, anticipated revenue of $690 million to $750 million and a per-share profit of $0.76 to $0.96.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2388804, ~/Articles/ArticleHandler.aspx, 4/23/2014 4:20:23 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement