ADVFN - Advanced Financial Network.
HOME» NASDAQ » K » KLAC Stock Price » KLAC Stock News

Kla-tencor Share News

 Kla-tencor (mm) Stock Price
KLAC Stock Price
 Kla-tencor (mm) Stock Chart
KLAC Stock Chart
 Kla-tencor (mm) Stock News
KLAC Stock News
 Kla-tencor (mm) Company Information
KLAC Company Information
 Kla-tencor (mm) Stock Trades
KLAC Stock Trades

KLA-Tencor Swings To 4Q Profit As Revenue Doubles

DOW JONES NEWSWIRES KLA-Tencor Corp. (KLAC) swung to a fiscal fourth-quarter profit as revenue doubled, and the semiconductor-equipment maker's results topped Wall Street's expectations. President and Chief Executive Rick Wallace pointed to "robust product demand in each of our major end markets, geographies and product offerings." KLA-Tencor, which makes systems that monitor semiconductor wafer production, has returned to black ink in the past few quarters as a sharp rebound in demand boosted sales at chip makers. Rival Lam Research Corp. (LRCX) on Wednesday reported it swung to a second-quarter profit as revenue more than tripled. For the quarter ended June 30, KLA-Tencor reported a profit of $113.1 million, or 66 cents a share, compared with a year-earlier loss of $25.6 million, or 15 cents a share. The latest quarter included 4 cents of charges. Revenue jumped 99% to $559.4 million. Analysts estimated earnings of 60 cents on revenue of $558.2 million, according to a poll by Thomson Reuters. Products sales, which provided 77% of total revenue, more than doubled, while service fees climbed 23%. KLA-Tencor's shares closed at $30.82 and were inactive after-hours. The stock, which reached a 52-week low this month, was down 15% this year as of the close. -By Kathy Shwiff, Dow Jones Newswires; 212-416-2357;

Stock News for Kla-tencor (KLAC)
10/20/201617:09:53Quarterly Report (10-q)
10/20/201617:09:01Current Report Filing (8-k)
10/20/201616:24:30Current Report Filing (8-k)
10/20/201616:15:00KLA-Tencor Reports Fiscal 2017 First Quarter Results
10/11/201616:57:00KLA-Tencor Announces Live Webcast To Review First Quarter Fiscal...
10/07/201616:13:45Current Report Filing (8-k)
10/06/201611:22:00Correction to Lam Research, KLA-Tencor Call Off Merger on Antitrust...
10/06/201606:39:25Current Report Filing (8-k)
10/05/201620:42:00Lam Research, KLA-Tenor Call Off Merger on Antitrust Concerns...
10/05/201619:30:00Lam Research, KLA-Tenor Call Off Merger on Antitrust Concerns
10/05/201618:00:00KLA-Tencor Announces Termination Of Merger Agreement With Lam...
10/05/201618:00:00KLA-Tencor Increases Quarterly Dividend Level To $0.54 Per Share...
09/23/201616:32:36Additional Proxy Soliciting Materials (definitive) (defa14a)
09/23/201616:20:00Proxy Statement (definitive) (def 14a)
09/09/201619:23:31Statement of Changes in Beneficial Ownership (4)
09/09/201619:21:13Statement of Changes in Beneficial Ownership (4)
09/09/201619:18:01Statement of Changes in Beneficial Ownership (4)
09/09/201612:51:59Statement of Changes in Beneficial Ownership (4)
09/09/201612:50:20Statement of Changes in Beneficial Ownership (4)
09/09/201612:48:57Statement of Changes in Beneficial Ownership (4)

Kla-tencor and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations