KLA-Tencor: Fiscal 4Q09 Financial Results

(in US$ millions)	4Q08	4Q09	FY08	FY09
Revenues	590.7	281.5	2,522	1,520
*Growth*		-52%		*-40*%
Net income (loss)	76.0	(25.6)	359.1	(523.4)

KLA-Tencor Corporation announced operating results for its fourth quarter and fiscal year ended on June 30, 2009. KLA-Tencor reported GAAP net loss of $26 million and GAAP loss per share of $0.15 on revenue of $282 million for the fourth quarter of fiscal year 2009. For the year ended June 30, 2009, the company reported GAAP net loss of $523 million and GAAP loss per diluted share of $3.07 on revenue of $1.5 billion.

"We are encouraged by investments in technology development programs by customers at the leading edge as well as improved demand from our foundry customers," commented Rick Wallace, president and CEO of KLA-Tencor. "We continue to manage our business to align our cost structure with projected revenue levels and are focused on achieving non-GAAP breakeven by the end of calendar year 2009, while at the same time maintaining a high level of R&D investment to support our customers’ next-generation process control needs."