RTTNews | Aug 3, 2020 04:47PM EDT

16:47 Monday, August 3, 2020 (RTTNews.com) - KLA-Tencor Corp. (KLAC) announced earnings for its fourth quarter that increased from the same period last year.

The company's profit came in at $411.25 million, or $2.63 per share. This compares with $217.85 million, or $1.35 per share, in last year's fourth quarter.

Excluding items, KLA-Tencor Corp. reported adjusted earnings of $426.04 million or $2.73 per share for the period.

Analysts had expected the company to earn $2.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 15.9% to $1.46 billion from $1.26 billion last year.

KLA-Tencor Corp. earnings at a glance:

-Earnings (Q4): $426.04 Mln. vs. $288.71 Mln. last year.-EPS (Q4): $2.73 vs. $1.78 last year.-Analysts Estimate: $2.41-Revenue (Q4): $1.46 Bln vs. $1.26 Bln last year.

-Guidance:Next quarter EPS guidance: $2.42 - $3.06Next quarter revenue guidance: $1,405 - $1,555 Mln

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