KLA-Tencor Earnings, Revenue Beat in Q4
2022.07.29 00:45
KLA-Tencor Earnings, Revenue Beat in Q4
Investing.com – KLA-Tencor (NASDAQ:KLAC) reported on Thursday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
KLA-Tencor announced earnings per share of $5.81 on revenue of $2.49B. Analysts polled by Investing.com anticipated EPS of $5.5 on revenue of $2.43B.
KLA-Tencor shares are down 13% from the beginning of the year, still down 19.06% from its 52 week high of $457.12 set on January 13. They are outperforming the S&P 500 which is down 14.56% from the start of the year.
KLA-Tencor shares lost 0.54% in after-hours trade following the report.
KLA-Tencor follows other major Information Technology sector earnings this month
KLA-Tencor’s report follows an earnings missed by Microsoft on Tuesday, who reported EPS of $2.23 on revenue of $51.87B, compared to forecasts EPS of $2.29 on revenue of $52.43B.
Visa A had beat expectations on Tuesday with third quarter EPS of $1.98 on revenue of $7.28B, compared to forecast for EPS of $1.74 on revenue of $7.06B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
