KLA-Tencor Corporation (KLAC) Message Board

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Technology Stocks : KLA-Tencor Corporation (KLAC)

KLAC 1,207

-1.6%

Nov 6 3:59 PM EST

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To: Jerome who wrote (1639)	1/23/2002 6:55:08 PM
From: SemiBull	Read Replies (1) of 1779

KLA-Tencor pins hope on high utilization rates in advanced fabs SAN JOSE -- KLA-Tencor Corp. today announced a 20% sequential decline in revenues to $404 million in its second fiscal quarter, ended Dec. 31, compared to $503 million in the prior three-month period. The San Jose-based metrology supplier reported a net income of $49 million compared to $86.5 million in the prior fiscal quarter. "While we remain cautious in the near term and continue to reduce expenses in accordance with current business conditions, we observed a major trend this quarter that is favorable for our future growth," said Ken Schroeder, president and CEO of KLA-Tencor. "Capacity utilization for those semiconductor fabrication facilities processing 180-nanometer and below technologies exceeds 80%." The chief executive officer said leading-edge production fabs will be soon adding new equipment, including the types of advanced measurement and inspections tools sold by KLA-Tencor. KLA-Tencor said it ended the last quarter with over six months of backlog at current shipping levels

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