Investing.com - KLA-Tencor (NASDAQ:KLAC) reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
KLA-Tencor announced earnings per share of $2.73 on revenue of $1.46B. Analysts polled by Investing.com anticipated EPS of $2.41 on revenue of $1.42B.
KLA-Tencor shares are up 16% from the beginning of the year and are trading at $211.50 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 26.59% from the start of the year.
KLA-Tencor shares gained 1.87% in after-hours trade the report.
KLA-Tencor follows other major Technology sector earnings this month
KLA-Tencor's report follows an earnings beat by Apple on Thursday, who reported EPS of $2.58 on revenue of $59.69B, compared to forecasts EPS of $2.05 on revenue of $52.24B.
Microsoft had beat expectations on Wednesday, July 22, 2020 with fourth quarter EPS of $1.46 on revenue of $38.03B, compared to forecast for EPS of $1.34 on revenue of $36.54B.
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