KLA-Tencor: Fiscal 2Q11 Financial Results

(in US$ millions)	2Q10	2Q11	6 mo. 10	6 mo. 11
Revenues	440.4	766.3	783.0	1,449
*Growth*		74%		*85%*
Net income (loss)	21.8	185.5	42.2	339.7

KLA-Tencor Corporation announced operating results for its second quarter of fiscal year 2011, which ended on December 31, 2010, and reported GAAP net income of $185 million and GAAP earnings per diluted share of $1.09 on revenues of $766 million.

"KLA-Tencor ended calendar year 2010 with an outstanding quarter, as high levels of demand coupled with solid execution in our global manufacturing operations drove increased shipments, revenue and earnings," commented Rick Wallace, KLA-Tencor’s president and CEO. "We begin calendar 2011 with excellent momentum, driven by our customer focus, competitive market position and a strong demand environment for process control."