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Kulicke & Soffa Industries Inc (NASDAQ: KLIC) delivers essential semiconductor packaging solutions powering advanced electronics manufacturing worldwide. This dedicated news hub provides investors and industry professionals with centralized access to all official corporate announcements and market-moving developments.
Track critical updates including quarterly earnings, technology innovations, and strategic partnerships that shape KLIC's position in semiconductor equipment markets. Our curated feed ensures timely access to operational milestones, product launches, and leadership changes affecting the company's trajectory.
Key coverage areas include advancements in ball bonding systems, fluxless packaging solutions, and expansions of aftermarket services. Stay informed about developments impacting automotive electronics, AI hardware production, and next-generation chiplet integration technologies.
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Kulicke & Soffa (NASDAQ: KLIC) reported Q4 2024 financial results with net revenue of $181.3 million, down 10.4% year-over-year. The company posted net income of $12.1 million and EPS of $0.22 per diluted share. Non-GAAP net income was $18.5 million with EPS of $0.34. For fiscal year 2024, K&S reported revenue of $706.2 million with a net loss of $69.0 million. The company expects Q1 2025 revenue of approximately $165.0 million with GAAP EPS of $1.45 and non-GAAP EPS of $0.28.
Kulicke & Soffa (NASDAQ:KLIC), a global leader in semiconductor, LED and electronic assembly equipment manufacturing, has scheduled its fourth fiscal quarter 2024 financial results conference call for November 14, 2024, at 8:00 AM EST. The company will release its financial results on November 13, 2024, at approximately 4:00 PM EST. Interested parties can access the call via phone or webcast, with a replay available through November 21, 2024.
Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) has announced a quarterly dividend of $0.20 per share of common stock. The dividend will be paid on October 8, 2024, to shareholders of record as of September 19, 2024. Kulicke & Soffa, founded in 1951, specializes in developing semiconductor and electronics assembly solutions. The company's products support growth and technology transitions across various markets, including advanced display, automotive, communications, compute, consumer, data storage, energy storage, and industrial sectors.
Kulicke & Soffa (NASDAQ: KLIC) reported Q3 2024 financial results with net revenue of $181.7 million, down 4.9% year-over-year but up 5.6% sequentially. GAAP net income was $12.3 million or $0.22 per diluted share, while non-GAAP net income was $19.3 million or $0.35 per diluted share. The company saw improvement in gross margin and operating margin compared to the previous quarter.
CEO Fusen Chen noted gradual recovery and optimism for capacity and technology expansion across multiple end-markets. K&S highlighted growing momentum for its Thermo-Compression Bonding program with new commercial wins. For Q4 2024, the company expects net revenue of approximately $180 million and non-GAAP EPS of about $0.35.
Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) has announced significant milestones in the adoption of its Thermo-Compression Bonding (TCB) technology. The company has introduced its latest APTURA™ Thermo-Compression platform and secured multiple customer wins for its TCB offerings. K&S has also demonstrated an alternative path to chip-to-wafer hybrid bonding through industry collaborations.
Additionally, K&S has joined the 'US-Joint' consortium, led by Resonac Holdings , to support advanced packaging solutions development. The consortium will establish an R&D facility in Silicon Valley, expected to be fully operational by 2025. K&S reports that its TCB business has grown over 10 times in the past four years, indicating strong market adoption of this technology for advanced chiplet and stacked-die applications in AI, HPC, Mobile, and Edge devices.
Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC), a global leader in semiconductor, LED, and electronic assembly equipment, has announced a conference call scheduled for August 7, 2024, at 4:30 pm EDT. The call will discuss the company's third fiscal quarter 2024 financial results and business outlook. K&S will release its financial results on the same day at approximately 4:00 pm EDT.
Interested parties can access the call by dialing +1-877-407-8037 (US) or +1-201-689-8037 (international). A live webcast and replay will be available at investor.kns.com. A replay of the call will be accessible until August 15, 2024, by calling +1-877-660-6853 (US) or +1-201-612-7415 (international) with the replay ID 13743543.
Kulicke & Soffa Industries (NASDAQ: KLIC) declared a quarterly dividend of $0.20 per share, payable on July 9, 2024, to shareholders of record as of June 20, 2024. The company, founded in 1951, specializes in semiconductor and electronics assembly solutions. Its product range supports various markets, including advanced display, automotive, communications, computing, consumer electronics, data storage, energy storage, and industrial sectors.
Kulicke and Soffa reported financial results for the second quarter of 2024, with a net revenue of $172.1 million and a net loss of $102.7 million. The company experienced a decrease in gross margin and operating margin compared to the previous year. Despite challenges in the Advanced Display market, the company remains focused on operational efficiency. Kulicke & Soffa aims to achieve new milestones in customer and market adoption over the coming quarters.
Kulicke & Soffa announced a significant order for 1,000 RAPID™ Pro systems for a key customer in the Assembly and Test market, supporting the semiconductor industry's digital transformation. The order includes the latest ProSuite technology, enhancing production capabilities for wire bonded packages. The company's Ball Bonding segment revenue has surged by over 50% in the second fiscal quarter of 2024.