KLA-Tencor Reports Fiscal 2015 Third Quarter Results

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Citi Downgrades KLA-Tencor (KLAC) to Neutral

April 24, 2015 7:50 AM EDT

Citi downgraded KLA-Tencor (NASDAQ: KLAC) from Buy to Neutral.

For an analyst ratings summary and ratings history on KLA-Tencor click here. For more ratings news on KLA-Tencor click here.

Shares of KLA-Tencor closed at $59.85 yesterday.

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UPDATE: KLA-Tencor (KLAC) Tops Q3 EPS by 8c

April 23, 2015 4:15 PM EDT

(Updated - April 23, 2015 4:18 PM EDT)

KLA-Tencor (NASDAQ: KLAC) reported Q3 non-GAAP EPS of $0.84, $0.08 better than the analyst estimate of $0.76. Revenue for the quarter came in at $738 million versus the consensus estimate of $727.74 million.

"KLA-Tencor delivered solid results in the third quarter," said... More