Investing.com - KLA-Tencor (NASDAQ:KLAC) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
KLA-Tencor announced earnings per share of $5.13 on revenue of $2.29B. Analysts polled by Investing.com anticipated EPS of $4.82 on revenue of $2.21B.
KLA-Tencor shares are down 22% from the beginning of the year and are trading at $340.00 , down-from-52-week-high.They are under-performing the Nasdaq which is down 17.73% from the start of the year.
KLA-Tencor shares gained 2.18% 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 beat by Microsoft on Tuesday, who reported EPS of $2.22 on revenue of $49.36B, compared to forecasts EPS of $2.19 on revenue of $49.01B.
Taiwan Semiconductor had beat expectations on Thursday, April 14, 2022 with first quarter EPS of $1.35 on revenue of $16.94B, compared to forecast for EPS of $1.27 on revenue of $16.73B.
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