On Air Now

Listen

Listen Live Now » 101.9 FM Central Wisconsin

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
74° Feels Like: 74°
Wind: NW 13 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Isolated Thunderstorms 75°

Tonight

Thunderstorms Early 53°

Tomorrow

Partly Cloudy 76°

Alerts

KLA-Tencor's quarterly revenue meets expectations

By Noel Randewich

(Reuters) - Chip equipment maker KLA-Tencor Corp's fiscal third-quarter revenue fell in line with analysts' expectations as manufacturers remained cautious about the economy and slow PC sales.

Net income fell to $166 million, or 98 cents per share, from $205 million, or $1.21 per share in the same quarter a year earlier, the company said in a statement on Thursday.

Revenue declined to $729 million from $841 million a year earlier.

Analysts on average were expecting third-quarter revenue of $727 million, according to Thomson Reuters I/B/E/S.

(Reporting by Noel Randewich; Editing by Phil Berlowitz)

Comments