KLA-Tencor Results Beat in Q3, led by ‘Robust’ Demand
2022.04.29 00:00
KLA-Tencor Earnings, Revenue Beat in Q3
By Yasin Ebrahim
Investing.com – KLA-Tencor (NASDAQ:KLAC) reported Thursday third quarter results that beat analysts’ forecasts as “robust” demand helped offset supply chain challenges.
KLA-Tencor shares gained 0.78% in after-hours trade following the report.
KLA-Tencor announced earnings per share of $5.13 on revenue of $2.29 billion. Analysts polled by Investing.com anticipated EPS of $4.82 on revenue of $2.21 billion.
“The demand environment for KLA products and solutions remains robust amidst a persistently challenging supply chain landscape,” the company said.
Looking ahead, the company forecast fiscal fourth quarter, the company forecast adjusted EPS of $4.93 to $6.03 on revenue of between $2.3 billon and $2.55 billion. That compared with analysts expectations for EPS of $5.30 on revenue of $2.35 billion.
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