Kulicke & Soffa Reports First Quarter 2026 Results

Rhea-AI Summary

Kulicke & Soffa (NASDAQ: KLIC) reported fiscal Q1 2026 net revenue of $199.6 million, GAAP net income of $16.8 million (GAAP EPS $0.32) and non-GAAP net income of $23.1 million (non-GAAP EPS $0.44).

Gross margin was 49.6%, GAAP cash flow from operations was $(8.9) million, adjusted free cash flow $(11.6) million, and the company repurchased 0.2 million shares for $6.7 million. Q2 fiscal 2026 outlook: revenue ~$230M ±$10M, GAAP EPS ~$0.53 ±10%, non-GAAP EPS ~$0.67 ±10%.

Positive

• Net revenue increased ~20% year-over-year to $199.6M
• High gross margin of 49.6% in Q1 2026
• Company provided Q2 fiscal 2026 revenue outlook of $230M ±$10M
• Non-GAAP EPS of $0.44 indicates adjusted profitability

Negative

• GAAP net income fell to $16.8M from prior-period $81.6M
• GAAP cash flow from operations was negative at $(8.9M)
• Adjusted free cash flow was negative at $(11.6M)
• Significant prior-period gain relating to cessation of business distorted year-over-year comparability

Market Reaction

+8.68% $60.50

15m delay 6 alerts

+8.68% Since News

$60.50 Last Price

$54.37 $60.50 Day Range

+$233M Valuation Impact

$2.91B Market Cap

1.5x Rel. Volume

Following this news, KLIC has gained 8.68%, reflecting a notable positive market reaction. Our momentum scanner has triggered 6 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $60.50. This price movement has added approximately $233M to the company's valuation.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.

Key Figures

Q1 2026 Net Revenue: $199.6M Q1 2026 GAAP EPS: $0.32 Q1 2026 Non-GAAP EPS: $0.44 +5 more

8 metrics

Q1 2026 Net Revenue $199.6M Fiscal Q1 2026 net revenue

Q1 2026 GAAP EPS $0.32 Fiscal Q1 2026 diluted EPS

Q1 2026 Non-GAAP EPS $0.44 Fiscal Q1 2026 non-GAAP diluted EPS

Gross Margin 49.6% Fiscal Q1 2026 gross margin

GAAP Cash Flow Ops -$8.9M Q1 2026 cash flow from operations

Adjusted Free Cash Flow -$11.6M Q1 2026 non-GAAP adjusted free cash flow

Q2 2026 Revenue Outlook $230M +/- $10M Guidance for quarter ending Apr 4, 2026

Q2 2026 Non-GAAP EPS $0.67 +/- 10% Guided non-GAAP diluted EPS for Q2 2026

Market Reality Check

Price: $55.67 Vol: Volume 693,152 is near it...

normal vol

$55.67 Last Close

Volume Volume 693,152 is near its 20-day average of 720,170 (relatively normal activity). normal

Technical Shares at $57.20 are trading above the 200-day MA of $39.84, near the 4.7% pullback from the 52-week high of $60.00.

Peers on Argus

KLIC slipped 1.23% with normal volume, while key equipment peers were mixed: ACL...

1 Up

KLIC slipped 1.23% with normal volume, while key equipment peers were mixed: ACLS (-5.54%), CAMT (-4.02%), AMBA (-5.30%) declined, IPGP rose (+2.95%), and FORM was modestly lower on the day but appeared in momentum scans earlier. The pattern points to stock-specific dynamics rather than a uniform sector move.

Common Catalyst Multiple peers had company-specific news (FORM earnings, ACLS product and conference activity), indicating dispersed catalysts rather than a single sector-wide driver.

Previous Earnings Reports

5 past events · Latest: Nov 19 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Nov 19	Quarterly earnings	Positive	-0.8%	Q4 2025 profit with improving margins and Q1 2026 guidance provided.
Aug 06	Quarterly earnings	Negative	+8.9%	Q3 2025 revenue decline and net loss despite non-GAAP profitability.
May 06	Quarterly earnings	Negative	-2.8%	Q2 2025 loss driven by large charges for business cessation.
Feb 04	Quarterly earnings	Positive	-0.0%	Q1 2025 strong profitability and margins with solid cash position.
Nov 13	Quarterly earnings	Neutral	-3.1%	Q4 2024 lower revenue year-over-year but maintained profitability.

Pattern Detected

Earnings have often produced muted or contrarian price moves, with both positive and negative reports sometimes followed by modest declines.

Recent Company History

Recent earnings releases for Kulicke & Soffa show a mix of revenue contraction and recovery alongside restructuring impacts. Q2 and Q3 2025 highlighted revenue pressure and losses, including sizeable charges tied to ceasing the Electronics Assembly equipment business. By Q4 2025, revenue reached $177.6M with a return to profitability and cautious Q1 FY2026 guidance. Earlier, Q1 2025 and Q4 2024 featured stronger profitability but softening revenue. Against this backdrop, the current Q1 2026 results extend the trend of rebuilding margins and earnings from a solid liquidity base.

Historical Comparison

earnings

+0.5 %

Average Historical Move

Historical Analysis

Over the last five earnings reports, KLIC’s average 1-day move was about 0.46%, with several instances of price action diverging from headline fundamentals.

Typical Pattern

The earnings sequence from Q4 2024 through Q4 2025 shows revenue pressure, restructuring charges, and a swing from losses back to modest profitability, with guidance each quarter outlining a gradual recovery path in core markets.

Market Pulse Summary

The stock is up +8.7% following this news. A strong positive reaction aligns with improving fundamen...

Analysis

The stock is up +8.7% following this news. A strong positive reaction aligns with improving fundamentals shown in the release, including Q1 2026 revenue of $199.6M, non-GAAP EPS of $0.44, and guidance for Q2 revenue of $230M ± $10M. Historically, KLIC’s earnings moves averaged about 0.46%, so a large gain would stand out versus prior muted reactions. Investors have also seen periods where losses and restructuring weighed on results, so sustainability would depend on execution and cash-flow trends.

Key Terms

non-gaap, eps, operating margin, rule 10b5-1(c), +4 more

8 terms

non-gaap financial

"this press release also contains the following non-GAAP financial results: income from operations"

Non-GAAP refers to financial measures that companies use to show their earnings or performance without including certain expenses or income that are often added back to give a different picture. It matters because it can make a company's results look better or more favorable, but it may also hide important costs, so investors need to look at both GAAP (official rules) and non-GAAP numbers to get a full understanding.

eps financial

"representing EPS of $0.32 per fully diluted share, and non-GAAP net income of $23.1 million"

Earnings per share (EPS) measures how much profit a company makes for each outstanding share of its stock by dividing the company’s profit after expenses by the number of shares. It matters to investors because it shows how much of the company’s “pie” each share represents—higher EPS usually signals greater profitability per share, helps compare companies of different sizes, and influences stock valuations and investor decisions.

operating margin financial

"income from operations, operating margin, net income, net margin, net income per fully"

Operating margin shows how much profit a company makes from its core business activities after paying for costs like wages and materials. It’s useful because it tells you how efficiently a company is running—higher margins mean it keeps more money from each dollar of sales, which can indicate better management or stronger products.

rule 10b5-1(c) regulatory

"pre-arranged Rule 10b5-1(c) sales plan that was put in place on December 2, 2024"

Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.

form 144 regulatory

"insider Mun Pun Wong filed a notice of proposed sale on Form 144 covering up to 40,000"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

def 14a regulatory

"[DEF 14A] KULICKE & SOFFA INDUSTRIES INC Definitive Proxy Statement"

A Form 14A is a document that companies send to shareholders before important meetings, such as votes on company decisions. It provides detailed information about the topics to be discussed or voted on, helping shareholders make informed choices. This form is essential because it ensures transparency and allows investors to understand what they are approving or rejecting.

omnibus incentive plan financial

"described as a quarterly stock grant under the company’s 2021 Omnibus Incentive Plan"

An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.

adjusted free cash flow financial

"GAAP cash flow from operations of $(8.9) million; Adjusted free cash flow of $(11.6) million."

Adjusted free cash flow is the amount of money a company generates from its operations after accounting for essential expenses and investments, like maintaining or upgrading equipment. It shows how much cash is truly available to grow the business, pay debts, or return to shareholders, helping investors see the company's financial health more clearly.

AI-generated analysis. Not financial advice.

SINGAPORE, Feb. 4, 2026 /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 January 3, 2026. The Company reported first quarter net revenue of $199.6 million, net income of $16.8 million, representing EPS of $0.32 per fully diluted share, and non-GAAP net income of $23.1 million, representing non-GAAP EPS of $0.44 per fully diluted share.

Quarterly Results
	Fiscal Q1 2026	Fiscal Q1 2025	Fiscal Q4 2025
Net Revenue (in thousands)	$199,625	$166,124	$177,558
GAAP EPS – Diluted	$0.32	$1.51	$0.12
Non GAAP EPS - Diluted	$0.44	$0.37	$0.28

A reconciliation between the GAAP and non-GAAP adjusted results is provided in the financial tables included at the end of this press release. See also the "Use of non-GAAP Financial Results" section of this press release.

Lester Wong, Kulicke & Soffa's Interim Chief Executive Officer and Chief Financial Officer, stated, "As we continue preparing to support customers' higher near‑term capacity requirements, we remain committed to broadening our market reach in parallel. Our prior investments in Power Semiconductor, Advanced Dispense, and Advanced Packaging, both Vertical Wire and Fluxless Thermo‑Compression, strategically position us to further expand our market access over the long-term."

First Quarter Fiscal 2026 Financial Highlights

• Net revenue of $199.6 million.
• Gross margin of 49.6%.
• Net income of $16.8 million or $0.32 per share; non-GAAP net income of $23.1 million or $0.44 per fully diluted share.
• GAAP cash flow from operations of $(8.9) million; Adjusted free cash flow of $(11.6) million.
• The Company repurchased a total of 0.2 million shares of common stock at a cost of $6.7 million.

Second Quarter Fiscal 2026 Outlook
K&S currently expects net revenue in the second quarter of fiscal 2026 ending April 4, 2026 to be approximately $230 million +/- $10 million, GAAP diluted EPS to be approximately $0.53 +/- 10%, and non-GAAP diluted EPS to be approximately $0.67 +/- 10%.

A reconciliation between the GAAP and non-GAAP financial outlook is provided in the financial tables included at the end of this press release. 

Earnings Conference Webcast
A webcast to discuss these results will be held on February 5, 2026, beginning at 8:00 am ET. The live webcast link, supplemental earnings presentation, and archived webcast will be available at investor.kns.com. To access the audio-only portion of the live webcast, parties may call +1-877-407-8037, or internationally, +1-201-689-8037.

An audio-only replay of the webcast will also be available approximately one hour after the completion of the live call by calling +1-877-660-6853, or internationally, +1-201-612-7415 and referencing access code 13757796.

Use of Non-GAAP Financial Results
In addition to U.S. GAAP ("GAAP") results, this press release also contains the following non-GAAP financial results: income from operations, operating margin, net income, net margin, net income per fully diluted share and adjusted free cash flow. The Company's non-GAAP results exclude amortization related to intangible assets acquired through business combinations, costs associated with restructuring and severance, equity-based compensation, acquisition and integration costs, impairment relating to assets acquired through business combinations, long-lived asset impairment relating to business cessation or disposal, impairment relating to equity investments, income tax expense/benefit arising from discrete tax items triggered by acquisition, disposal of business (both via a sale or an abandonment), restructuring and significant changes in tax laws, gain/loss on disposal of business, as well as tax benefits or expenses associated with the foregoing non-GAAP items. The non-GAAP adjustments may or may not be infrequent or nonrecurring in nature, but are a result of periodic or non-core operating activities. These non-GAAP measures are consistent with the way management analyzes and assesses the Company's operating results. The Company believes these non-GAAP measures enhance investors' understanding of the Company's underlying operational performance, as well as their ability to compare the Company's period-to-period financial results and the Company's overall performance to that of its competitors.

Management uses both GAAP metrics as well as these non-GAAP metrics to evaluate the Company's operating and financial results. Non-GAAP financial measures may not provide information that is directly comparable to that provided by other companies in the Company's industry, as other companies in the industry may calculate non-GAAP financial results differently. In addition, there are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with GAAP, may be different from non-GAAP financial measures used by other companies and exclude expenses that may have a material impact on the Company's reported financial results. The presentation of non-GAAP items is meant to supplement, but not substitute for, GAAP financial measures or information. The Company believes the presentation of non-GAAP results in combination with GAAP results provides better transparency to the investment community when analyzing business trends, providing meaningful comparisons with prior period performance and enhancing investors' ability to view the Company's results from management's perspective. A reconciliation of each non-GAAP financial measure to the most directly comparable GAAP measure discussed in this press release is contained in the financial tables at the end of this press release.

About Kulicke & Soffa
Kulicke & Soffa is a global leader in semiconductor assembly technology, advancing device performance across automotive, compute, industrial, memory and communications markets. Founded on innovation in 1951, K&S is uniquely positioned to overcome increasingly dynamic process challenges – creating and delivering long-term value by aligning technology with opportunity.

Caution Concerning Results, Forward-Looking Statements and Certain Risks Related to our Business
In addition to historical statements, this press release contains statements relating to future events and our future results. These statements are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our judgments and future expectations concerning our business, including the importance and competitiveness of our products and other emerging technology transitions, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, failures or delays in completing the Company's cessation of its Electronics Assembly equipment business, the persistent macroeconomic headwinds on our business, actual or potential inflationary pressures, interest rate and risk premium adjustments, falling customer sentiment, or economic recession caused directly or indirectly by geopolitical tensions, our ability to develop, manufacture and gain market acceptance of new products, our ability to operate our business in accordance with our business plan and the other factors listed or discussed in our Annual Report on Form 10-K for the fiscal year ended October 4, 2025, filed on November 20, 2025, and our other filings with the Securities and Exchange Commission. Kulicke and Soffa Industries, Inc. is under no obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

Contact:
Kulicke and Soffa Industries, Inc.
Joseph Elgindy
Finance
P: +1-215-784-7518

 

KULICKE AND SOFFA INDUSTRIES, INC. CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited)
	Three months ended
	January 3, 2026		December 28, 2024
Net revenue	$         199,625		$         166,124
Cost of sales	100,670		79,040
Gross profit	98,955		87,084
Selling, general and administrative	40,759		38,614
Research and development	40,376		37,808
Gain relating to cessation of business	—		(75,987)
Operating expenses	81,135		435
Income from operations	17,820		86,649
Interest income	4,759		6,352
Interest expense	(40)		(27)
Income before income taxes	22,539		92,974
Provision for income taxes	5,743		11,332
Net income	$           16,796		$           81,642
Net No conditions met per share:
Basic	$               0.32		$               1.52
Diluted	$               0.32		$               1.51
Cash dividends declared per share	$             0.205		$             0.205
Weighted average shares outstanding:
Basic	52,319		53,791
Diluted	52,521		54,212

 

KULICKE AND SOFFA INDUSTRIES, INC. CONSOLIDATED CONDENSED BALANCE SHEETS (In thousands) (Unaudited)
	As of
	January 3, 2026		October 4, 2025
ASSETS
Current assets
Cash and cash equivalents	$             282,128		$                  215,708
Short-term investments	199,000		295,000
Accounts and other receivable, net	215,779		183,538
Inventories, net	176,507		160,225
Prepaid expenses and other current assets	40,800		47,064
Total current assets	914,214		901,535
Property, plant and equipment, net	57,468		58,993
Operating right-of-use assets	30,827		32,193
Goodwill	69,522		69,522
Intangible assets, net	5,292		5,600
Deferred tax assets	16,460		16,109
Equity investments	7,660		6,978
Investment in debt securities	10,000		10,000
Other assets	3,197		3,412
TOTAL ASSETS	$          1,114,640		$                1,104,342
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Accounts payable	$               68,892		$                    57,178
Operating lease liabilities	5,893		6,178
Accrued expenses and other current liabilities	88,409		97,786
Income taxes payable	33,683		27,029
Total current liabilities	196,877		188,171
Deferred tax liabilities	35,575		35,533
Income taxes payable	16,851		16,580
Operating lease liabilities	31,089		32,372
Other liabilities	9,213		10,195
TOTAL LIABILITIES	$             289,605		$                  282,851
SHAREHOLDERS' EQUITY
Common stock, without par value	620,350		620,043
Treasury stock, at cost	(976,177)		(974,202)
Retained earnings	1,205,569		1,199,500
Accumulated other comprehensive loss	(24,707)		(23,850)
TOTAL SHAREHOLDERS' EQUITY	$             825,035		$                  821,491
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$          1,114,640		$                1,104,342

 

KULICKE AND SOFFA INDUSTRIES, INC. CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited)
	Three months ended
(in thousands)	January 3, 2026		December 28, 2024
Net cash (used in) / provided by operating activities	$          (8,933)		$           18,902
Net cash provided by investing activities	93,325		82,039
Net cash used in financing activities	(17,888)		(48,452)
Effect of exchange rate changes on cash and cash equivalents	(84)		(1,311)
Changes in cash and cash equivalents	66,420		51,178
Cash and cash equivalents, beginning of period	215,708		227,147
Cash and cash equivalents, end of period	$        282,128		$         278,325
Short-term investments	199,000		260,000
Total cash, cash equivalents and short-term investments	$        481,128		$         538,325

 

Reconciliation of U.S. GAAP  to Non-GAAP Income from Operations and Operating Margin (In thousands, except percentages) (Unaudited)
		Three months ended
		January 3, 2026		December 28, 2024		October 4, 2025
Net revenue		$     199,625		$     166,124		$     177,558
U.S. GAAP income from operations		17,820		86,649		888
U.S. GAAP operating margin		8.9 %		52.2 %		0.5 %
Pre-tax non-GAAP items:
Amortization related to intangible assets		308		1,246		308
Restructuring		1,997		829		2,797
Equity-based compensation		5,330		6,141		7,800
Gain relating to cessation of business		—		(75,987)		—
Other income – escrow release on sale of subsidiary		(304)		—		—
Non-GAAP income from operations		$       25,151		$       18,878		$       11,793
Non-GAAP operating margin		12.6 %		11.4 %		6.6 %

 

Reconciliation of U.S. GAAP Net Income to Non-GAAP Net Income and Non-GAAP Net Margin and U.S. GAAP net income per share to Non-GAAP net income per share (In thousands, except percentages and per share data) (Unaudited)
		Three months ended
		January 3, 2026		December 28, 2024		October 4, 2025
Net revenue		$     199,625		$     166,124		$     177,558
U.S. GAAP net income		16,796		81,642		6,379
U.S. GAAP net margin		8.4 %		49.1 %		3.6 %
Non-GAAP adjustments:
Amortization related to intangible assets		308		1,246		308
Restructuring		1,997		829		2,797
Equity-based compensation		5,330		6,141		7,800
Gain relating to cessation of business		—		(75,987)		—
Other income – escrow release on sale of subsidiary		(304)		—		—
Net income tax (benefit) / expense on non-GAAP items		(986)		6,349		(2,411)
Total non-GAAP adjustments		$         6,345		$     (61,422)		$         8,494
Non-GAAP net income		$       23,141		$       20,220		$       14,873
Non-GAAP net margin		11.6 %		12.2 %		8.4 %
U.S. GAAP net income per share:
Basic		$          0.32		$          1.52		$          0.12
Diluted(a)		$          0.32		$          1.51		$          0.12
Non-GAAP adjustments per share:(b)
Basic		$          0.12		$         (1.14)		$          0.16
Diluted		$          0.12		$         (1.14)		$          0.16
Non-GAAP net income per share:
Basic		$          0.44		$          0.38		$          0.28
Diluted(c)		$          0.44		$          0.37		$          0.28
Weighted average shares outstanding:
Basic		52,319		53,791		52,093
Diluted		52,464		54,212		52,464

(a)	GAAP diluted net earnings per share reflects any dilutive effect of outstanding restricted stock, but that effect is excluded when calculating GAAP diluted net loss per share because it would be anti-dilutive.
(b)	Non-GAAP adjustments per share include amortization related to intangible assets acquired through business combinations, costs associated with restructuring and severance, equity-based compensation expenses, gain relating to disposal or cessation of a business, and income tax effects associated with the foregoing non-GAAP items.
(c)	Non-GAAP diluted net earnings per share reflects any dilutive effect of outstanding restricted stock, but that effect is excluded when calculating Non-GAAP diluted net loss per share because it would be anti-dilutive.

 

Reconciliation of U.S. GAAP Cash provided by Operating Activities to Non-GAAP Adjusted Free Cash Flow (In thousands, except percentages) (unaudited)
		Three months ended
		January 3, 2026		December 28, 2024		October 4, 2025
U.S. GAAP net cash (used in) / provided by operating activities		$           (8,933)		$           18,902		$             7,406
Purchases of property, plant and equipment		(2,676)		(10,202)		(2,957)
Proceeds from sales of property, plant and equipment		1		—		—
Non-GAAP adjusted free cash flow		$          (11,608)		$             8,700		$             4,449

 

Reconciliation of U.S. GAAP to Non-GAAP Outlook (In millions, except per share data) (Unaudited)
		Second quarter of fiscal 2026 ending April 4, 2026
		GAAP Outlook		Adjustments		Non-GAAP Outlook
Net revenue		$230 million +/- $10 million		—		$230 million +/- $10 million
Operating expenses		$80.4 million +/- 2%		$7.4 million B,C,D		$73.0 million +/- 2%
Diluted EPS(1)		$0.53 +/- 10%%		$0.14 A - E		$0.67 +/- 10%

 

Non-GAAP Adjustments
A. Equity-based compensation - Cost of sales		0.4
B. Equity-based compensation - Selling, general and administrative and Research and development		6.4
C. Amortization related to intangible assets		0.3
D. Restructuring expenses		0.7
E. Net income tax effect of the above items		(0.7)

(1) GAAP and non-GAAP diluted EPS based on approximately 52.0 million diluted weighted average shares outstanding.

The tables above reconcile our GAAP to non-GAAP guidance based on the current outlook. The guidance does not incorporate the impact of any potential business combinations, divestitures, unannounced restructuring activities, strategic investments and other significant transactions. The timing and impact of such items are dependent on future events that may be uncertain or outside of our control.

View original content:https://www.prnewswire.com/news-releases/kulicke--soffa-reports-first-quarter-2026-results-302679161.html

SOURCE Kulicke & Soffa Industries, Inc.

FAQ

What were Kulicke & Soffa (KLIC) fiscal Q1 2026 results reported on February 4, 2026?

KLIC reported Q1 2026 net revenue of $199.6M with GAAP EPS of $0.32. According to the company, non-GAAP net income was $23.1M and non-GAAP EPS was $0.44, with gross margin at 49.6%.

How did KLIC's cash flow and free cash flow perform in fiscal Q1 2026?

KLIC recorded negative GAAP cash flow from operations of $(8.9M) and adjusted free cash flow of $(11.6M). According to the company, investing and financing activity partly offset operating shortfall in the quarter.

What guidance did Kulicke & Soffa (KLIC) give for fiscal Q2 2026 on February 4, 2026?

KLIC guided Q2 fiscal 2026 revenue of approximately $230M ± $10M and GAAP diluted EPS of about $0.53 ±10%. According to the company, non-GAAP diluted EPS is expected near $0.67 ±10%.

Did Kulicke & Soffa (KLIC) return capital to shareholders in Q1 2026?

Yes. KLIC repurchased 0.2 million shares at a cost of $6.7M during Q1 2026. According to the company, the buyback reflects ongoing capital-return activity alongside balance sheet management.

Why is year-over-year comparability for KLIC Q1 2026 results affected?

Comparability is affected by a prior-period gain from cessation of a business that inflated prior results. According to the company, the prior gain materially increased Q1 2025 income, making YoY comparisons less indicative of operational trends.