Investing.com - KLA-Tencor (NASDAQ:KLAC) reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $2.48 on revenue of $1.41B. Analysts polled by Investing.com forecast EPS of $2.2 on revenue of $1.35B. That compared to EPS of $2.46 on revenue of $1.09B in the same period a year earlier. The company had reported EPS of $1.78 on revenue of $1.26B in the previous quarter.
KLA-Tencor follows other major Technology sector earnings this month
On October 23, Microsoft reported first quarter EPS of $1.38 on revenue of $33.06B, compared to forecasts of EPS of $1.25 on revenue of $32.15B.
Alphabet C earnings missed analysts' expectations on Monday, with third quarter EPS of $10.12 on revenue of $40.5B. Investing.com analysts expected EPS of $12.28 on revenue of $40.3B
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