Investing.com - KLA-Tencor (NASDAQ:KLAC) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
KLA-Tencor announced earnings per share of $3.03 on revenue of $1.54B. Analysts polled by Investing.com anticipated EPS of $2.77 on revenue of $1.49B.
KLA-Tencor shares are up 6% from the beginning of the year and are trading at $190.62 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 27.59% 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 Microsoft on Tuesday, who reported EPS of $1.82 on revenue of $37.15B, compared to forecasts EPS of $1.54 on revenue of $35.76B.
Taiwan Semiconductor had beat expectations on Wednesday, October 14, 2020 with third quarter EPS of $0.92 on revenue of $12.4B, compared to forecast for EPS of $0.84 on revenue of $11.84B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar