KLA-Tencor (KLAC) PT Raised to $96 at Cowen; Reiterates Outperform

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KLA-Tencor Reports Fiscal 2017 Second Quarter Results

January 26, 2017 4:16 PM EST

MILPITAS, Calif., Jan. 26, 2017 /PRNewswire/ -- KLA-Tencor Corporation (NASDAQ: KLAC) today announced operating results for its second quarter of fiscal year 2017, which ended on December 31, 2016, and reported GAAP net income of $238 million and GAAP earnings per diluted share of $1.52 on revenues of $877 million.

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"I am pleased to announce that KLA-Tencor's business continues to perform at a very high level, as we delivered another... More