Kulicke & Soffa Industries Inc

Latest Results (08.10.2025):

Kulicke & Soffa Industries Inc. reported its financial results for the third fiscal quarter ended June 28, 2025. The company experienced a decline in net revenue compared to the same quarter last year and the previous quarter. Despite a net loss under GAAP, the non-GAAP results show a positive net income. The company maintains a strong cash position and has provided optimistic guidance for the fourth quarter of fiscal 2025.

Net Revenue Declines

For the third fiscal quarter of 2025, Kulicke & Soffa Industries Inc. reported net revenue of $148.4 million, marking an 18.3% decrease compared to the third quarter of 2024 and an 8.4% decline from the second quarter of 2025.

Profitability Metrics

The company reported a GAAP net loss of $3.3 million, or $(0.06) per fully diluted share. On a non-GAAP basis, Kulicke & Soffa achieved a net income of $3.8 million, translating to $0.07 per fully diluted share. Gross margin improved to 46.7%, up by 10 basis points year-over-year.

Strong Cash Position

As of June 28, 2025, Kulicke & Soffa Industries Inc. held $556.5 million in cash, cash equivalents, and short-term investments. The company also generated GAAP cash flow from operations of $7.4 million and an adjusted free cash flow of $5.4 million during the quarter.

Stock Repurchase Program

The company repurchased a total of $0.7 million shares of common stock at a cost of $21.6 million during the third fiscal quarter of 2025.

Fourth Quarter Outlook

Kulicke & Soffa Industries Inc. projects net revenue for the fourth fiscal quarter of 2025 to be approximately $170 million, give or take $10 million. The company also expects GAAP diluted EPS to be around $0.08 and non-GAAP diluted EPS to be approximately $0.22, each with a variance of +/- 10%.