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.
Fool contributor Eric Volkman has no position in KLA-Tencor. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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