Kulicke & Soffa Industries Inc

KLIC

Equity

ISIN US5012421013 / Valor 945945

NASDAQ (2024-11-21)

USD 48.46+3.77%

Kulicke & Soffa Industries Inc
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About company

Kulicke & Soffa Industries Inc, founded in 1951, specializes in developing cutting-edge semiconductor and electronics assembly solutions to enable a smarter and more sustainable future. The company's high-performance advanced packaging solutions, such as Thermocompression Bonding (TCB) for Silicon Photonics (SiPh) based Co-Packaged Optics (CPO) applications, are crucial for leading-edge scaling in various markets including high-performance computing, artificial intelligence, and heterogeneous integration. With a focus on supporting capacity expansion plans and growth in key AI markets, Kulicke & Soffa's revenue from thermocompression has seen significant growth, positioning the company as a key player in the semiconductor industry.

Summarized from source with an LLMView SourceSector: Technology

Revenue

Kulicke & Soffa Industries Inc. reported net revenue of $181.7 million for the third fiscal quarter of 2024. This figure reflects the company's performance in the semiconductor and electronics assembly market during this period.

Net Income

For the third fiscal quarter of 2024, Kulicke & Soffa Industries Inc. achieved a net income of $12.3 million. This translates to earnings per share (EPS) of $0.22 per fully diluted share, indicating the company's profitability for the quarter.

Non-GAAP Net Income

Kulicke & Soffa Industries Inc. reported a non-GAAP net income of $19.3 million for the third fiscal quarter of 2024. This results in a non-GAAP EPS of $0.35 per fully diluted share, providing a clearer picture of the company's financial health excluding certain one-time items.

Conference Call

Kulicke & Soffa Industries Inc. scheduled a conference call to discuss its third fiscal quarter 2024 financial results and business outlook on August 7, 2024, at 4:30 pm EDT. This call provided insights into the company's performance and future expectations.

Business Outlook

During the conference call, Kulicke & Soffa Industries Inc. discussed its business outlook for the coming quarters. The company highlighted its plans to ramp up customer engagements and production capacity for advanced packaging technologies, indicating a positive long-term growth trajectory.

Summarized from source with an LLMView Source

Key figures

-2.38%1Y

-15.1%3Y

111%5Y

Performance

38.5%1Y

43.6%3Y

47.7%5Y

Volatility