KLAC

KLA-Tencor Corp. Q4 adjusted earnings Beat Estimates

(RTTNews) - KLA-Tencor Corp. (KLAC) announced earnings for its fourth quarter that increased from the same period last year.

The company's profit came in at $411.25 million, or $2.63 per share. This compares with $217.85 million, or $1.35 per share, in last year's fourth quarter.

Excluding items, KLA-Tencor Corp. reported adjusted earnings of $426.04 million or $2.73 per share for the period.

Analysts had expected the company to earn $2.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.9% to $1.46 billion from $1.26 billion last year.

KLA-Tencor Corp. earnings at a glance:

-Earnings (Q4): $426.04 Mln. vs. $288.71 Mln. last year. -EPS (Q4): $2.73 vs. $1.78 last year. -Analysts Estimate: $2.41 -Revenue (Q4): $1.46 Bln vs. $1.26 Bln last year.

-Guidance: Next quarter EPS guidance: $2.42 - $3.06 Next quarter revenue guidance: $1,405 - $1,555 Mln

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.