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KLA-Tencor Earnings, Revenue Beat in Q2 -Breaking

by Mike Robinson

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© Reuters. KLA Tencor Reports Q2 Revenue Beat, Earnings

KLA-Tencor (NASDAQ) reported Thursday that the second quarter beat analyst forecasts, and that revenue exceeded expectations.

KLA-Tencor reported earnings per share at $5.59 for revenue of $2.35B. Investing.com polled analysts to predict EPS of $5.44 based on $2.33B in revenue.

KLATencor shares fell 15% in the first quarter, but are up 20.85% since January 13, when it hit a 52-week high of $457.12. They have underperformed the stock, down 14.2% since January 13.

After-hours trading saw KLA-Tencor share prices fall by 5.43% following the news.

KLA-Tencor is following other important earnings in the Information Technology sector this month

KLA-Tencor reports on Microsoft’s earnings beat on Tuesday. Microsoft reported EPS at $2.48 per share on revenue $51.73B. Forecasts were for EPS at $2.31 per share on revenue $50.65B.

Taiwan Semiconductor beat all expectations with quarter-end EPS at $1.16 on $15.85B revenue, as compared to the forecast of EPS at $1.12 for revenue of $15.69B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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