KLA-Tencor Corp. (KLAC) reported net income for the second quarter of $22 million or $0.13 per share, compared to a loss of $434 million or $2.57 per share in the year-ago quarter.
Non-GAAP net income for the quarter was $49 million or $0.28 per share, compared to a non-GAAP net loss of $20 million or $0.12 per share in the same quarter last year.
Revenues for the quarter increased to $440 million from $397 million in the prior-year quarter.
On average, analysts polled by Thomson Reuters expected the company to earn $0.27 per share, on revenues of $437.88 million for the quarter. Analysts estimates typically exclude special items.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.