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Operator: Greetings and welcome to the Kulicke & Soffa 2024 Second Quarter Results Conference Call. At this time, all participants are in a listen-only mode.
Challenges Overshadow Operational Efforts Amidst Financial Turbulence
Company Increases Share Repurchase Activity Despite Challenges
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.
Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Q4 2023 Earnings Call Transcript November 16, 2023 Operator: Greetings and welcome to the Kulicke & Soffa Fourth Quarter 2023 Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. As a reminder, this conference is being recorded. […]