U.S. stock futures were lower this morning, with the Dow futures falling around 100 points on Friday.
Shares of KLA Corporation (NASDAQ: KLAC) fell sharply in today’s pre-market trading after the company reported second-quarter financial results and issued third-quarter guidance.
KLA reported quarterly earnings of $6.16 per share, topping the Street's estimate of $5.91 by 4.23%. The company reported quarterly sales of $2.49 billion which beat the analyst expectations of $2.46 billion, according to data from Benzinga Pro.
The company issued third-quarter adjusted earnings guidance of $5.26 per share plus or minus 60 cents, versus the $5.85 estimate. Revenue is anticipated to be $2.30 billion ...