On July 28, KLA-Tencor fell 3.71% in after-hours trading, trading at $174.182/share, with turnover of $67.36 million. The decline came after the company released its fiscal Q4 earnings report following the close of regular trading, during which the stock had already fallen over 6%.
Market consensus had expected quarterly revenue of approximately $3.598 billion, representing 16.72% year-over-year growth, with adjusted earnings per share of approximately $0.997. Selling pressure remained unrelieved after the earnings release, extending the intraday weakness into after-hours trading. Previously, UBS lowered its price target on KLA-Tencor from $255 to $240 while maintaining a neutral rating, reflecting institutional caution on valuation levels. The broader semiconductor equipment sector remained under collective pressure, with Applied Materials down 2.98%, Lam Research down 2.45%, ASML down 0.59%, and Teradyne down 1.58%, amplifying the sector-wide downward momentum.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)