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

Several New Customer Wins as TCB Gains Commercial MomentumNew Path to Hybrid Bonding Demonstrated through Fluxless TCBK&S Joins Resonac-led "US-Joint" Consortium SINGAPORE, Aug. 7, 2024 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa", "K&S", or the "Company") announced the introduction of its latest APTURA™ Thermo-Compression platform in addition to three new milestones relating to industry adoption of its chiplet-enabling Thermo-Compression technology. Recently, several of Kulicke & Soffa's leading Thermo-Compression offerings have been selected at multiple Assembly & Test customers. In support of the rapid needs for advanced chiplet and stacked-die requ

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

4 - KULICKE & SOFFA INDUSTRIES INC (0000056978) (Issuer)

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"),

SINGAPORE, April 18, 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 second fiscal quarter 2024 financial results and its business outlook, on Thursday, May 2, 2024, at 8:00 am EDT. The Company will issue its second fiscal quarter 2024 financial results in the evening of Wednesday, May 1, 2024. To access the conference call, interested parties may call +1-877-407-8037 or internationally +1-201-689-8037. A live webcast and replay of the webcast will

SINGAPORE, March 14, 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 April 9, 2024 to holders of record as of March 25, 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 ad

SINGAPORE, Aug. 23, 2023 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa," "K&S" or the "Company") today announced the appointment of Denise M. Dignam to its Board of Directors. Ms. Dignam serves as President of The Chemours Company (NYSE:CC) (Chemours) Titanium Technologies (TT) business, one of the largest manufacturers of Titanium Dioxide (TiO2) in the world. She has over 35 years of chemical industry experience across multiple areas including commercialization, sales and marketing, strategy, supply chain and operations leadership. Ms. Dig

SINGAPORE, March 5, 2021 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S" or the "Company") today announced the appointment of Jon A. Olson to its Board of Directors. Mr. Olson, a seasoned executive with over 40 years of semiconductor industry experience, has provided strategic insight and financial decision making at Intel Corporation and later at Xilinx, Inc. He currently serves as Director on the Board of Xilinx, Inc. and previously Director and Audit Committee Chair of Mellanox Technologies, InvenSense, Inc. and Home Union, Inc. Mr. Olson has a robust track record of strategic leadership supporting capital allocation, M&A, profitability improvem

B. Riley Securities analyst Craig Ellis maintains Kulicke & Soffa Indus (NASDAQ:KLIC) with a Neutral and lowers the price target from $54 to $47.

Needham analyst Charles Shi reiterates Kulicke & Soffa Indus (NASDAQ:KLIC) with a Hold.

U.S. stocks look to push ahead on a positive path, now that the Federal Reserve’s rate decision is in the rearview mirror. Major index futures point to a positive open on Thursday. Pent-up demand following the recent losses could provide some upward thrust to the market but a lot would ride on the earnings reports that traders get to digest. Apple, Inc. (NASDAQ:AAPL) is on track to report after the market closes, while most tech earnings released after Wednesday’s closing bell have triggered negative reactions. Traders may also watch out for the jobless claims data and bond yields, given their significance for the Fed funds rate. FuturesPerformance (+/-)Nasdaq 100+0.95%S&P 500+0.64%Dow

Kulicke & Soffa Indus (NASDAQ:KLIC) reported quarterly losses of $(0.95) per share which missed the analyst consensus estimate of $0.24 by 495.83 percent. This is a 350 percent decrease over earnings of $0.38 per share from the same period last year. The company reported quarterly sales of $172.074 million which beat the analyst consensus estimate of $170.164 million by 1.12 percent. This is a 0.55 percent decrease over sales of $173.021 million the same period last year.

Gainers Brand Engagement Network (NASDAQ:BNAI) stock rose 23.2% to $2.6 during Wednesday's after-market session. The market value of their outstanding shares is at $86.6 million. Castellum (AMEX:CTM) shares moved upwards by 7.95% to $0.27. The market value of their outstanding shares is at $14.3 million. My Size (NASDAQ:MYSZ) shares rose 6.53% to $4.4. The market value of their outstanding shares is at $2.8 million. Wetouch Technology (NASDAQ:WETH) stock rose 6.38% to $2.0. The market value of their outstanding shares is at $23.8 million. FormFactor (NASDAQ:FORM) shares rose 5.7% to $46.5. The company's market cap stands at $3.5 billion. The company's, Q1 earnings came out today. Kopin

Traders are treading cautiously in Wednesday’s session, seeking more clarity on the Federal Reserve’s stance with inflation reports exceeding expectations. The forthcoming Federal Open Market Committee statement is anticipated to maintain interest rates where they are and possibly unveil a reduction in the Fed’s balance sheet runoff from $60 billion to $30 billion monthly. Fed Chair Jerome Powell‘s press conference is at 2:30 p.m. ET. The S&P 500 inched 0.2% lower, while the tech-heavy Nasdaq 100 underperformed, down 0.6%. Blue chips managed to avoid losses and showcased a 0.3% rise. Aside from Fed policy, earnings remain a key driver of market sentiment, particularly as chipmaker