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 $3.85 on revenue of $1.80B. Analysts polled by Investing.com anticipated EPS of $3.59 on revenue of $1.74B.
KLA-Tencor shares are up 26% from the beginning of the year and are trading at $326.50 , down-from-52-week-high.They are outperforming the S&P 500 which is up 12.13% from the start of the year.
KLA-Tencor follows other major Technology sector earnings this month
KLA-Tencor's report follows an earnings beat by Apple on Wednesday, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.983 on revenue of $76.71B.
Microsoft had beat expectations on Tuesday with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.
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