Investing.com - KLA-Tencor (NASDAQ:KLAC) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
KLA-Tencor announced earnings per share of $5.59 on revenue of $2.35B. Analysts polled by Investing.com anticipated EPS of $5.44 on revenue of $2.33B.
KLA-Tencor shares are down 15% from the beginning of the year, still down 20.85% from its 52 week high of $457.12 set on January 13. They are under-performing the Nasdaq 100 which is down 14.2% from the start of the year.
KLA-Tencor shares lost 5.43% 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 $2.48 on revenue of $51.73B, compared to forecasts EPS of $2.31 on revenue of $50.65B.
Taiwan Semiconductor had beat expectations on January 13 with fourth quarter EPS of $1.16 on revenue of $15.85B, compared to forecast for EPS of $1.12 on revenue of $15.69B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar