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KLA-Tencor Corp. (KLAC) released earnings for its fourth quarter that climbed from last year.


RTTNews | Jul 29, 2021 04:13PM EDT

16:13 Thursday, July 29, 2021 (RTTNews.com) - KLA-Tencor Corp. (KLAC) released earnings for its fourth quarter that climbed from last year.

The company's earnings came in at $632.98 million, or $4.10 per share. This compares with $411.25 million, or $2.63 per share, in last year's fourth quarter.

Excluding items, KLA-Tencor Corp. reported adjusted earnings of $684.05 million or $4.43 per share for the period.

Analysts had expected the company to earn $3.99 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 32.2% to $1.93 billion from $1.46 billion last year.

KLA-Tencor Corp. earnings at a glance:

-Earnings (Q4): $684.05 Mln. vs. $426.04 Mln. last year.-EPS (Q4): $4.43 vs. $2.73 last year.-Analysts Estimate: $3.99-Revenue (Q4): $1.93 Bln vs. $1.46 Bln last year.

-Guidance:Next quarter EPS guidance: $4.01 $4.89Next quarter revenue guidance: $1,920 - $2,120 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3213737/kla-tencor-corp-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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