Thursday, April 26, 2007

CORRECTED - KLA-Tencor quarterly profit rises but stock falls

(Reuters) - KLA-Tencor said net profit for its fiscal third quarter was $154.8 million, or 76 cents per share, compared with $96.7 million, or 47 cents per share, a year earlier. Revenue rose to $716.2 million from $519.6 million a year earlier.

The company was expected to have earned $157.1 million, or 78 cents per share, excluding special items, on revenue of $709.3 million, according to the average forecast of Wall Street analysts on Reuters Estimates.


Read more at Reuters.com Market News

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