SINGAPORE, Feb. 4, 2025 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S," "our," or the "Company"), today announced financial results of its first fiscal quarter ended December 28, 2024. The Company reported first quarter net revenue of $166.1 million, net income of $81.6 million, representing EPS of $1.51 per fully diluted share, and non-GAAP net income of $20.2 million, representing non-GAAP EPS of $0.37 per fully diluted share. Quarterly Results - U.S. GAAP Fiscal Q1 2025 Change vs. Fiscal Q1 2024 Change vs. Fiscal Q4 2024 Net Revenue $166.1 million down 3% down 8.4% Gross Margin 52.4 % up 570 bps up 410 bps Income from Operations $86.6 million

SINGAPORE, Jan. 21, 2025 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa", "K&S" or the "Company"), a global leader in the design and manufacture of semiconductor, LED and electronic assembly equipment, today announced that a conference call is scheduled to discuss the Company's first fiscal quarter 2025 financial results and its business outlook, on Wednesday, February 5, 2025, at 8:00 am EST. The Company will issue its first fiscal quarter 2025 financial results in the evening of Tuesday, February 4, 2025, at approximately 4:00 pm EST. To access the conference call, interested parties may call +1-877-407-8037 or internationally +1-201-689-8037. A live we

$900 Million Cumulatively Deployed in Share Repurchase ProgramsInitiates New $300 Million Share Repurchase Program SINGAPORE, Dec. 2, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), announced today that it has completed its $800 million share repurchase program, originally initiated during its fiscal fourth quarter of 2017. Under this program, K&S repurchased approximately 22.7 million shares at an average price of approximately $35.25 per share. The completion of the program demonstrates the Company's commitment to its long-term growth prospects and delivering value directly to shareholders. As previously announced on Novem

SINGAPORE, Nov. 13, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S," "our," or the "Company"), today announced the financial results of its fourth fiscal quarter ended September 28, 2024. The Company reported fourth quarter net revenue of $181.3 million, net income of $12.1 million, representing EPS of $0.22 per fully diluted shares, and non-GAAP net income of $18.5 million, representing non-GAAP EPS of $0.34 per fully diluted share. Quarterly Results - U.S. GAAP   Fiscal Q4 2024   Change vs. Fiscal Q4 2023 Change vs. Fiscal Q3 2024 Net Revenue $181.3 million down 10.4% down 0.2% Gross Margin 48.3 % up 90 bps up 170 bps Income from Operations

Fifth Consecutive Annual Dividend Raise; Quarterly Dividend Increased to $0.205 New $300 Million Share Repurchase Program SINGAPORE, Nov. 13, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), announced today that its Board of Directors has declared and authorized a quarterly dividend of $0.205 per share of common stock, representing a $0.005 increase over its most recent dividend. This dividend raise highlights the Company's commitment to a consistent shareholder return strategy and will be included in the January 7, 2025 dividend payable to holders of record as of the close of business on December 19, 2024. In addition to the

SINGAPORE, Nov. 13, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa", "K&S", "we" or the "Company"), has received an order from a leading foundry customer for multiple APTURA™ Fluxless TCB systems to support the broadening global adoption of advanced packaging capacity for leading-edge semiconductor production. Kulicke & Soffa continues to actively expand its customer base with APTURA™ – the most advanced Fluxless Thermo-Compression (FTC) system available, and the first to support FTC in a production environment. Today, Kulicke & Soffa has delivered over 30 FTC systems supporting development and production activities across five separate end customers

SINGAPORE, Nov. 13, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa", "K&S", "we" or the "Company"), in collaboration with ROHM Co., Ltd (TYO:6963) ("ROHM"), a producer of a wide-range of semiconductor devices, announces a new path to hybrid bonding leveraging Kulicke & Soffa's leading Fluxless Thermo-Compression (FTC) process. Kulicke & Soffa's recently released APTURA™ FTC system, combined with technology innovations from ROHM, have successfully enhanced chip-to-wafer hybrid bonding with the innovative copper-first – CuFirst™ – hybrid solution. While existing die-to-wafer hybrid bonding capacity can enable significant I/O density – yield challenges,

SINGAPORE, Oct. 30, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa", "K&S" or the "Company"), a global leader in the design and manufacture of semiconductor, LED and electronic assembly equipment, today announced that a conference call is scheduled to discuss the Company's fourth fiscal quarter 2024 financial results and its business outlook, on Thursday, November 14, 2024, at 8:00 am EST. The Company will issue its fourth fiscal quarter 2024 financial results in the evening of Wednesday, November 13, 2024, at approximately 4:00 pm EST. To access the conference call, interested parties may call +1-877-407-8037 or internationally +1-201-689-8037. A li

SINGAPORE, Aug. 26, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), announced today that its Board of Directors has declared and authorized a quarterly dividend of $0.20 per share of common stock. This upcoming dividend payment will be made on October 8, 2024 to holders of record as of September 19, 2024. About Kulicke & Soffa Founded in 1951, Kulicke & Soffa specializes in developing cutting-edge semiconductor and electronics assembly solutions enabling a smart and more sustainable future. Our ever-growing range of products and services supports growth and facilitates technology transitions across large-scale markets, such

Industry Adoption of Advanced Solutions Expands SINGAPORE, Aug. 7, 2024  /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S," "our," or the "Company"), today announced financial results of its third fiscal quarter ended June 29, 2024. The Company reported third quarter net revenue of $181.7 million, net income of $12.3 million, representing EPS of $0.22 per fully diluted share, and non-GAAP net income of $19.3 million, representing non-GAAP EPS of $0.35 per fully diluted share. Quarterly Results - U.S. GAAP   Fiscal Q3 2024   Change vs. Fiscal Q3 2023 Change vs. Fiscal Q2 2024 Net Revenue $181.7 million down 4.9% up 5.6% Gross Margin 46.6 % down 60 bps

SINGAPORE, Feb. 4, 2025 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S," "our," or the "Company"), today announced financial results of its first fiscal quarter ended December 28, 2024. The Company reported first quarter net revenue of $166.1 million, net income of $81.6 million, representing EPS of $1.51 per fully diluted share, and non-GAAP net income of $20.2 million, representing non-GAAP EPS of $0.37 per fully diluted share. Quarterly Results - U.S. GAAP Fiscal Q1 2025 Change vs. Fiscal Q1 2024 Change vs. Fiscal Q4 2024 Net Revenue $166.1 million down 3% down 8.4% Gross Margin 52.4 % up 570 bps up 410 bps Income from Operations $86.6 million

SINGAPORE, Jan. 21, 2025 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa", "K&S" or the "Company"), a global leader in the design and manufacture of semiconductor, LED and electronic assembly equipment, today announced that a conference call is scheduled to discuss the Company's first fiscal quarter 2025 financial results and its business outlook, on Wednesday, February 5, 2025, at 8:00 am EST. The Company will issue its first fiscal quarter 2025 financial results in the evening of Tuesday, February 4, 2025, at approximately 4:00 pm EST. To access the conference call, interested parties may call +1-877-407-8037 or internationally +1-201-689-8037. A live we

SINGAPORE, Nov. 13, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S," "our," or the "Company"), today announced the financial results of its fourth fiscal quarter ended September 28, 2024. The Company reported fourth quarter net revenue of $181.3 million, net income of $12.1 million, representing EPS of $0.22 per fully diluted shares, and non-GAAP net income of $18.5 million, representing non-GAAP EPS of $0.34 per fully diluted share. Quarterly Results - U.S. GAAP   Fiscal Q4 2024   Change vs. Fiscal Q4 2023 Change vs. Fiscal Q3 2024 Net Revenue $181.3 million down 10.4% down 0.2% Gross Margin 48.3 % up 90 bps up 170 bps Income from Operations

Fifth Consecutive Annual Dividend Raise; Quarterly Dividend Increased to $0.205 New $300 Million Share Repurchase Program SINGAPORE, Nov. 13, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), announced today that its Board of Directors has declared and authorized a quarterly dividend of $0.205 per share of common stock, representing a $0.005 increase over its most recent dividend. This dividend raise highlights the Company's commitment to a consistent shareholder return strategy and will be included in the January 7, 2025 dividend payable to holders of record as of the close of business on December 19, 2024. In addition to the

SINGAPORE, Oct. 30, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa", "K&S" or the "Company"), a global leader in the design and manufacture of semiconductor, LED and electronic assembly equipment, today announced that a conference call is scheduled to discuss the Company's fourth fiscal quarter 2024 financial results and its business outlook, on Thursday, November 14, 2024, at 8:00 am EST. The Company will issue its fourth fiscal quarter 2024 financial results in the evening of Wednesday, November 13, 2024, at approximately 4:00 pm EST. To access the conference call, interested parties may call +1-877-407-8037 or internationally +1-201-689-8037. A li

SINGAPORE, Aug. 26, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), announced today that its Board of Directors has declared and authorized a quarterly dividend of $0.20 per share of common stock. This upcoming dividend payment will be made on October 8, 2024 to holders of record as of September 19, 2024. About Kulicke & Soffa Founded in 1951, Kulicke & Soffa specializes in developing cutting-edge semiconductor and electronics assembly solutions enabling a smart and more sustainable future. Our ever-growing range of products and services supports growth and facilitates technology transitions across large-scale markets, such

Industry Adoption of Advanced Solutions Expands SINGAPORE, Aug. 7, 2024  /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S," "our," or the "Company"), today announced financial results of its third fiscal quarter ended June 29, 2024. The Company reported third quarter net revenue of $181.7 million, net income of $12.3 million, representing EPS of $0.22 per fully diluted share, and non-GAAP net income of $19.3 million, representing non-GAAP EPS of $0.35 per fully diluted share. Quarterly Results - U.S. GAAP   Fiscal Q3 2024   Change vs. Fiscal Q3 2023 Change vs. Fiscal Q2 2024 Net Revenue $181.7 million down 4.9% up 5.6% Gross Margin 46.6 % down 60 bps

SINGAPORE, July 24, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa", "K&S" or the "Company"), a global leader in the design and manufacture of semiconductor, LED and electronic assembly equipment, today announced that a conference call is scheduled to discuss the Company's third fiscal quarter 2024 financial results and its business outlook, on Wednesday, August 7, 2024, at 4:30 pm EDT. The Company will issue its third fiscal quarter 2024 financial results in the evening of Wednesday, August 7, 2024, at approximately 4:00 pm EDT. To access the conference call, interested parties may call +1-877-407-8037 or internationally +1-201-689-8037. A live webc

SINGAPORE, May 16, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), announced today that its Board of Directors has declared and authorized a quarterly dividend of $0.20 per share of common stock. This upcoming dividend payment will be made on July 9, 2024 to holders of record as of June 20, 2024. About Kulicke & Soffa Founded in 1951, Kulicke & Soffa specializes in developing cutting-edge semiconductor and electronics assembly solutions enabling a smart and more sustainable future. Our ever-growing range of products and services supports growth and facilitates technology transitions across large-scale markets, such as advanc

Focuses on Operational Efficiency; Increases Repurchase Activity SINGAPORE, May 1, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S," "our," or the "Company"), today announced financial results of its second fiscal quarter ended March 30, 2024. The Company reported second quarter net revenue of $172.1 million, net loss of $102.7 million, representing EPS of $(1.83) per fully diluted share, and non-GAAP net loss of $53.2 million, representing non-GAAP EPS of $(0.95) per fully diluted share. As announced on March 11, 2024, the Company had anticipated pre-tax charges, including impairments, relating to the cancellation of Project W (the "Project"),

TD Cowen reiterated coverage of Kulicke & Soffa with a rating of Hold and set a new price target of $50.00 from $45.00 previously

Needham upgraded Kulicke & Soffa from Hold to Buy and set a new price target of $55.00

TD Cowen reiterated coverage of Kulicke & Soffa with a rating of Hold and set a new price target of $45.00 from $52.00 previously

Craig Hallum upgraded Kulicke & Soffa from Hold to Buy and set a new price target of $60.00

Craig Hallum downgraded Kulicke & Soffa from Buy to Hold and set a new price target of $55.00

B. Riley Securities downgraded Kulicke & Soffa from Buy to Neutral and set a new price target of $59.00 from $80.00 previously

Needham downgraded Kulicke & Soffa Indus from Buy to Hold

Needham reiterated coverage of Kulicke & Soffa Indus with a rating of Buy and set a new price target of $78.00 from $72.00 previously

Needham reiterated coverage of Kulicke & Soffa Indus with a rating of Buy and set a new price target of $72.00 from $64.00 previously

Craig-Hallum reiterated coverage of Kulicke & Soffa Indus with a rating of Buy and set a new price target of $83.00 from $61.00 previously