Scalper1 News
KLA-Tencor (KLAC) early Wednesday revised downward its fiscal Q2 earnings estimate based on its leveraged recapitalization transaction, and its stock plunged. KLA-Tencor was down 20% near 67 in afternoon trading in the stock market today. The chip equipment supplier said earnings per share excluding items will be 37 to 61 cents, down from 46 to 70 cents in its previous estimate provided when fiscal Q1 (ended Sept. 30) earnings were announced on Scalper1 News
Scalper1 News