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KLA-Tencor profit earnings report earnings double down
In Electronic Infomation Category: R | on November 1, 2010
According to EE Times website reported that the semiconductor equipment maker KLA-Tencor has reportedly ended September 30 of the first-quarter revenue was 5.33 billion, net income was $ 19,000,000, or about 11 cents per share.
Net income for the quarter of $ 76,000,000 the previous quarter by 75% over last years $ 88,000,000 reduction of 78%. Revenue for the quarter
5.91 billion dollars the previous quarter of 10% over last years $ 693,000,000 a decrease of 23%.
"Macroeconomic uncertainty, reduced consumer demand and MC68EN360EM25K datasheet and limited financing channels for manufacturers of semiconductor equipment spending have a major impact." KLA-Tencor Corporation CEO Rick Wallace said in a statement.
Wallace said KLA-Tencor is taking measures to reduce costs.
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