Jacob Kulick

Kulicke & Soffa Declares Quarterly Dividend of $0.19

Retrieved on: 
Wednesday, August 23, 2023
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SINGAPORE, Aug. 23, 2023 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), today announced that its Board of Directors has declared and authorized a quarterly dividend of $0.19 per share of common stock.

Key Points: 
  • SINGAPORE, Aug. 23, 2023 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), today announced that its Board of Directors has declared and authorized a quarterly dividend of $0.19 per share of common stock.
  • This upcoming dividend payment will be made on October 10, 2023, to holders of record as of September 21, 2023.

Kulicke & Soffa Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, February 1, 2023
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SINGAPORE, Feb. 1, 2023 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), today announced financial results of its first fiscal quarter ended December 31, 2022. The Company reported first quarter net revenue of $176.2 million, net income of $14.6 million, representing EPS of $0.25 per fully diluted share, and non-GAAP net income of $21.8 million, representing non-GAAP EPS of $0.37 per fully diluted share.

Key Points: 
  • The Company currently expects net revenue in the second fiscal quarter of 2023 ending April 1, 2023 to be approximately $170 million +/- $20 million, GAAP EPS to be approximately $0.16 +/- 10%, and non-GAAP EPS to be approximately $0.25 +/- 10%.
  • After five sequential quarters of declining bookings, Kulicke and Soffa's quarterly book-to-bill ratio increased to 1.29 during its first fiscal quarter 2023.
  • A conference call to discuss these results will be held on February 2, 2023, beginning at 8:00am EST.
  • Management uses both U.S. GAAP metrics as well as these non-GAAP metrics to evaluate the Company's operating and financial results.

Kulicke & Soffa Reports Fourth Quarter 2022 Results

Retrieved on: 
Wednesday, November 16, 2022
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Through organic development, prudent acquisitions and close industry partnerships, Kulicke & Soffa's served available market has grown to approximately $4.7 billion in fiscal 2022, up 51 percent from fiscal 2018.

Key Points: 
  • Through organic development, prudent acquisitions and close industry partnerships, Kulicke & Soffa's served available market has grown to approximately $4.7 billion in fiscal 2022, up 51 percent from fiscal 2018.
  • Repurchased approximately 5.6 million shares of common stock through open market and accelerated programs at a cost of $282.8 million.
  • A conference call to discuss these results will be held tomorrow,November 17, 2022, beginning at8:00am EST.
  • Management uses both U.S. GAAP metrics as well as non-GAAP metrics to evaluate the Company's operating and financial results.

Kulicke & Soffa Reports Third Quarter 2022 Results

Retrieved on: 
Wednesday, August 3, 2022
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SINGAPORE, Aug. 3, 2022 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), today announced financial results of its third fiscal quarter ended July 2, 2022. The Company reported third quarter net revenue of $372.1 million, net income of $119.0 million, representing EPS of $1.99 per fully diluted share, and non-GAAP net income of $125.1 million, representing non-GAAP EPS of $2.09 per fully diluted share.

Key Points: 
  • Cash, cash equivalents, and short-term investments were $745.8 million as of July 2, 2022.
  • The Company currently expects net revenue in the fourth fiscal quarter of 2022 ending October 1, 2022 to be approximately $280 million +/- $20 million, and expects non-GAAP EPS to be approximately $0.93 +/- 10%.
  • A conference call to discuss these results will be held on August 4, 2022, beginning at8:00am EDT.
  • Management uses both U.S. GAAP metrics as well as these non-GAAP metrics to evaluate the Company's operating and financial results.

Kulicke & Soffa Reports Second Quarter 2022 Results

Retrieved on: 
Wednesday, May 4, 2022
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SINGAPORE, May 4, 2022 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S" or the "Company"), today announced financial results of its second fiscal quarter ended April 2, 2022. The Company reported second quarter net revenue of $384.3 million, net income of $116.0 million, representing EPS of $1.86 per fully diluted share, and non-GAAP net income of $121.5 million, representing non-GAAP EPS of $1.95 per fully diluted share.

Key Points: 
  • The Company currently expects net revenue in the third fiscal quarter of 2022 ending July 2, 2022 to be approximately $365 million +/- $20 million, and expects non-GAAP EPS to be approximately $1.53 +/- 10%.
  • Kulicke & Soffa recently announced multiple purchase orders for its latest advanced display system - LUMINEXTM - which is well positioned to accelerate the global adoption of mini and micro LED displays.
  • A conference call to discuss these results will be held on May 5, 2022, beginning at8:00am EDT.
  • Management uses both U.S. GAAP metrics as well as these non-GAAP metrics to evaluate the Company's operating and financial results.

Kulicke & Soffa Reports First Quarter 2022 Results

Retrieved on: 
Thursday, February 3, 2022
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Fusen Chen, Kulicke & Soffa's President and Chief Executive Officer, stated, "During the December Quarter, we received acceptance and recognized revenue for an emerging silicon photonics application.

Key Points: 
  • Fusen Chen, Kulicke & Soffa's President and Chief Executive Officer, stated, "During the December Quarter, we received acceptance and recognized revenue for an emerging silicon photonics application.
  • The Company currently expects net revenue in the second fiscal quarter of 2022 ending April 2, 2022 to be approximately $380 million +/- $20 million, and expects non-GAAP EPS to be approximately $1.45 +/- 10%.
  • Kulicke & Soffa currently anticipates revenue for its full fiscal year 2022 to increase sequentially to approximately $1.58 billion.
  • A conference call to discuss these results will be held on February3, 2022, beginning at8:00am EDT.

Kulicke & Soffa Collaborates with i3 Microsystems with its LITEQ 500A to Develop Solutions for Next-Generation Advanced Microelectronics Packaging

Retrieved on: 
Wednesday, December 15, 2021
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SINGAPORE, Dec.15,2021 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa", "K&S" or the "Company") and i3 Microsystems, Inc. ("i3 Microsystems") today announced the collaboration to co-develop lithography solutions for the next-generation of advanced microelectronics packaging technology.

Key Points: 
  • SINGAPORE, Dec.15,2021 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) ("Kulicke & Soffa", "K&S" or the "Company") and i3 Microsystems, Inc. ("i3 Microsystems") today announced the collaboration to co-develop lithography solutions for the next-generation of advanced microelectronics packaging technology.
  • In this collaboration, K&S and i3 Microsystems will leverage their respective competencies to deliver optimizedsolutions in support of the rapidly evolving advanced packaging market.
  • Kulicke & Soffa's high-speed and high-accuracy LITEQ 500A 355nm laser-powered projection stepper was recently adopted to expand capabilities andcapacitywithin i3 Microsystems's advancedmicroelectronicspackaging facility.
  • With a numerical aperture of 0.128, the LITEQ 500A can expose ultra-fine pitch patterns with a 16m depth of focus.

Kulicke & Soffa Reports Fourth Quarter 2021 Results

Retrieved on: 
Thursday, November 18, 2021
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During the fiscal fourth quarter the Company was able to exceed revenue expectations by temporarily extending production capacity and also by delivering additional advanced display systems and services.

Key Points: 
  • During the fiscal fourth quarter the Company was able to exceed revenue expectations by temporarily extending production capacity and also by delivering additional advanced display systems and services.
  • This revenue outlook is very similar to the fourth fiscal quarter expectations provided on August 4, 2021.
  • A conference call to discuss these results will be held tomorrow,November 18, 2021, beginning at8:00am EST.
  • In addition to U.S. GAAP results, this press release also contains non-GAAP financial results.