KLA-Tencor results beat estimates
Jan 24 (Reuters) - Chip equipment maker KLA-Tencor Corp's second-quarter results exceeded analysts' expectations, helped by increased demand for tablets and smartphones.
Net income fell to $107 million, or 63 cents per share, from $122 million, or $72 cents per share.
Revenue rose to $673 million from $642 million a year earlier.
Analysts on average were expecting a profit of 56 cents per share on $633.8 million in revenue, according to Thomson Reuters I/B/E/S.