Semiconductor production equipment company Kulicke & Soffa (NASDAQ: KLIC) reported results in line with analysts' expectations in Q1 FY2024, with revenue down 2.9% year on year to $171.2 million. On the other hand, next quarter's revenue guidance of $170 million was less impressive, coming in 11.6% below analysts' estimates. It made a non-GAAP profit of $0.30 per share, down from its profit of $0.37 per share in the same quarter last year.