KLA Tencor Corporation
- KLA Corp. fell 3.9% to $616.96 after the semiconductor equipment company reported better-than-expected quarterly results.
Revenue in the fiscal second quarter ending in December dropped to $2.48 billion from $2.98 billion, net income plunged to $583 million from $979 million, and diluted earnings per share fell to $4.28 from $6.89 a year ago.
The company estimated total revenues in the fiscal third quarter in a range of $2.30 billion, and GAAP gross margin is expected to be around 59.4%.
Diluted earnings per share is expected to be in a range of $4.93, and Non-GAAP diluted EPS is expected to be in a range of $5.26.
Jan 26, 2024
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