News Article
KLA Report Positive FYQ3 2010 Results with Revenue of $478 million
Combination of an improving industry environment, operational execution and customer adoption of advanced technologies improve financial position
KLA-Tencor, which provides inspection and metrology process control solutions to compound semiconductor manufacturers world-wide today announces its Fiscal Q3 2010financial results.
For the fiscal year ended March 31st 2010, GAAP net income was $57 million and GAAP earnings per diluted share was $0.33 on revenues of $478 million.
Rick Wallace, KLA-Tencor's President and CEO remarked, "KLA-Tencor posted strong third quarter results from the combination of an improving industry environment, solid operational execution, and customer adoption of advanced technologies at the leading edge".
"These results are a testament to our team's ongoing commitment to innovation and fiscal discipline. Looking forward, we believe that our leading technology will enable us to develop solutions that address our customers' most complex process control challenges, and that our improved operating efficiencies will help us drive even stronger financial performance as industry growth continues."
Non-GAAP results include the impact of stock-based compensation, but exclude the impact of acquisition, restatement and restructuring related items, goodwill and intangible asset impairment, and certain discrete tax items.
KLA-Tencor hosted a conference call to discuss the FQ3 2010 results and future outlook at 2.00pm Pacific Daylight Time on 29th April 2010.
A webcast of the call will be available at: www.kla-tencor.com
