KLA-Tencor releases third-quarter operating results

KLA-Tencor, a provider of process control and yield management solutions, has announced operating results for its third quarter of fiscal year 2010, reporting GAAP net income of $57m (£37m) and GAAP earnings per diluted share of $0.33 on revenues of $478m.

Revenues compared with $440m in the previous quarter of 2010 and $310m in the prior-year quarter.

GAAP net income compared with $22m, or $0.13 per share, in the second quarter of 2010 and a loss of $83m, or $0.49 per share, in the same quarter of 2009.

Non-GAAP income was $71m, or $0.41 per share, versus $49m ($0.28 per share) in the previous quarter and a loss of $58m (or $0.34 per share) in the same quarter of 2009.