KLA-Tencor Corp. Reports 42% Advance In Q1 Bottom Line

(RTTNews) - KLA-Tencor Corp. (KLAC) reported earnings for its first quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $112.20 million, or $0.71 per share. This was up from $78.75 million, or $0.47 per share, in last year's first quarter.

Analysts had expected the company to earn $0.56 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.0% to $642.64 million. This was down from $642.90 million last year.

KLA-Tencor Corp. earnings at a glance:

-Earnings (Q1): $112.20 Mln. vs. $78.75 Mln. last year. -Earnings Growth (Y-o-Y): 42.5% -EPS (Q1): $0.71 vs. $0.47 last year. -EPS Growth (Y-o-Y): 51.1% -Analysts Estimate: $0.56 -Revenue (Q1): $642.64 Mln vs. $642.90 Mln last year. -Revenue Change (Y-o-Y): 0.0%