KLA-Tencor sees Q3 share $0.58, revenues $570-$580 mln
NEW YORK, Jan 17 (Reuters) - KLA-Tencor Corp (NasdaqNM:KLAC - news), a semiconductor maker, sees third-quarter earnings of 58 cents per share, above current Wall Street expectations of 51 cents, the company's Chief Financial Officer John Kispert said during a conference call Wednesday afternoon.
Third quarter revenues for the San Jose, Calif.-based company were seen in the $570 to $580 million range, Kispert said. The projection is in line with the market consensus of $577.5 million, according to a survey by research firm First Call/Thomson Financial.
After the market close Wednesday, KLA-Tencor posted second quarter earnings of $109 million, or 57 cents per diluted share, compared with $49 million, or 26 cents per share, excluding some charges in the same period a year ago.
Analysts were expecting KLA-Tencor to post second quarter earnings of 55 cents a share. The company's revenues in the period totaled $573.06 million compared with $330.76 million a year ago.
The company's shares closed $3-3/16, or 8.57 percent, higher at $40-3/8 Wednesday -- off a year low of $25-1/2, but below a 52-week high of $97-3/4. In after-hour bids Wednesday, KLA-Tencor was trading at $42-1/4.
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