Investing.com - KLA-Tencor reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
KLA-Tencor announced earnings per share of $5.13 on revenue of $2.29B. Analysts polled by Investing.com anticipated EPS of $4.82 on revenue of $2.21B.
KLA-Tencor shares are down 7% from the beginning of the year and are trading at $335.35 , down-from-52-week-high.They are outperforming the Nasdaq which is down 17.73% from the start of the year.
KLA-Tencor shares gained 0.78% in after-hours trade the report.
KLA-Tencor follows other major Information Technology sector earnings this month
KLA-Tencor's report follows an earnings beat by Apple on Thursday, who reported EPS of $1.52 on revenue of $97.28B, compared to forecasts EPS of $1.43 on revenue of $94.15B.
Microsoft had beat expectations on Tuesday with third quarter EPS of $2.22 on revenue of $49.36B, compared to forecast for EPS of $2.19 on revenue of $49.01B.
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