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KLA Corp.’s quarterly results topped Wall Street estimates late Wednesday, but its outlook didn’t, making the company the latest chip making-equipment supplier to beat-and-not-raise this earnings season.
KLA KLAC shares ticked up 2% after hours, following a 0.1% decline in the regular session to close at $357.36. While the PHLX Semiconductor Index SOX rose 0.6%, the S&P 500 index declined 0.4% SPX, and the tech-heavy Nasdaq Composite Index COMP rose 0.5%.
Milpitas,…
