KLA Corp. stock slips after earnings beat amid tech selloff

KLA Corp.

shares slipped in the extended session Monday after the semiconductor-equipment maker topped Wall Street earnings estimates for the quarter amid a big tech selloff. KLA shares declined 1.2% after hours, following a 5.1% drop in the regular session to close at $126.46. The company reported fiscal fourth-quarter net income of $217.8 million, or $1.35 a share, compared with $348.8 million, or $2.22 a share, in the year-ago period. Adjusted earnings were $1.78 a share. Revenue rose to $1.

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