Investing.com - KLA-Tencor (NASDAQ:KLAC) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $2.44 on revenue of $1.12B. Analysts polled by Investing.com anticipated EPS of $2.2 on revenue of $1.07B. That compared to EPS of $1.97 on revenue of $975.8M in the same period a year earlier. The company had reported EPS of $2.46 on revenue of $1.09B in the previous quarter.
KLA-Tencor shares gained 3.97% to trade at $105.00 in after-hours trade following the report.
KLA-Tencor follows other major Technology sector earnings this month
On Thursday, Intel reported fourth quarter EPS of $1.28 on revenue of $18.66B, compared to forecasts of EPS of $1.22 on revenue of $19.01B.
Taiwan Semiconductor earnings beat analyst's expectations on January 17, with fourth quarter EPS of $0.63 on revenue of $9.4B. Investing.com analysts expected EPS of $0.62 on revenue of $9.36B
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