KLA-Tencor Earnings Better Than Expected (KLAC)

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KLA-Tencor
KLAC
reported Q4 non-GAAP net income of $120 million or $0.70 per share, versus a loss of $26 million or $0.15 per share, in the year ago period. This compared to analysts' EPS estimates of $0.60. Revenues were $559 million which compares to $282 million in last year's corresponding quarter. This also exceeded analysts' revenue expectations of $558.15 million. In the after hours trading session, KLAC has fallen 0.6% to $30.80.
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