KLAC shares,
It fell 6% in after-hours trading on Thursday after the company reported a profit loss in its fiscal second quarter amid weak demand levels.
The Milpitas, California-based company, which makes equipment for the semiconductor industry, had net income of $582.5 million, or $4.28 per share, compared with $978.8 million, or $6.89 per share, the previous year. Analysts surveyed by FactSet expected earnings per share of $5.66.
Revenue fell to $2.49 billion from $2.98 billion a year earlier, exceeding the $2.46 billion expected by analysts surveyed by FactSet.
The company expects fiscal third-quarter revenue to be $2.3 billion, plus or minus $125 million. Analysts surveyed by FactSet expect revenue of $2.45 billion.
