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KLA-Tencor Corp. Q3 adjusted earnings Beat Estimates

KLA-Tencor Corp. (KLAC) released earnings for its third quarter that climbed from the same period last year.

The company's profit came in at $306.88 million, or $1.95 per share. This compares with $253.56 million, or $1.61 per share, in last year's third quarter.

Excluding items, KLA-Tencor Corp. reported adjusted earnings of $318.14 million or $2.02 per share for the period.

Analysts had expected the company to earn $1.99 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.1% to $1.02 billion from $0.91 billion last year.

KLA-Tencor Corp. earnings at a glance:

-Earnings (Q3): $318.14 Mln. vs. $256.02 Mln. last year.
-EPS (Q3): $2.02 vs. $1.62 last year.
-Analysts Estimate: $1.99
-Revenue (Q3): $1.02 Bln vs. $0.91 Bln last year.

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