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Kulicke & Soffa Industries Inc 10-Q Filings

KLIC NASDAQ

Every 10-Q that Kulicke & Soffa Industries Inc (KLIC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow KLIC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KLIC filings page.

Rhea-AI Summary

Kulicke and Soffa Industries, Inc. reported a sharp turnaround for the quarter ended July 4, 2026. Net revenue rose to $330,409 thousand from $148,413 thousand a year earlier, lifting gross profit to $157,949 thousand. The company moved from an operating loss of $6,094 thousand to operating income of $68,266 thousand, and from a net loss of $3,289 thousand to net income of $57,416 thousand, or $1.07 diluted earnings per share.

For the nine months, net revenue reached $772,655 thousand with net income of $109,360 thousand. Cash and cash equivalents increased to $368,573 thousand, and total cash, cash equivalents, restricted cash and short-term investments were $516,573 thousand. The company continued winding down its Electronics Assembly equipment business, recorded $5,095 thousand of employee termination liabilities, maintained a quarterly cash dividend of $0.205 per share, and repurchased 176.0 thousand shares, leaving $226.4 million authorized under its $300 million buyback program. Customer concentration remained high, with several China-headquartered customers each exceeding 10% of year-to-date revenue and accounts receivable.

Rhea-AI Summary

Kulicke and Soffa Industries, Inc. reported a sharp turnaround for the quarter ended April 4, 2026. Net revenue rose to $242.6 million from $162.0 million, driven mainly by much higher Ball Bonding Equipment and APS demand, particularly in general semiconductor and memory markets.

The company generated quarterly net income of $35.1 million, compared with a loss of $84.5 million a year earlier, as gross profit improved to $119.7 million and prior-year impairment and wind‑down gains did not recur. Six‑month net revenue reached $442.2 million with net income of $51.9 million.

K&S ended the quarter with $487.9 million in cash, cash equivalents and short‑term investments and virtually no debt, though operating cash flow for the six months was modest at $1.3 million due to higher receivables and inventory. The wind‑down of the Electronics Assembly equipment business continues, with remaining severance obligations and "All Others" segment losses, while a sizeable share repurchase program and regular dividends continued.

Rhea-AI Summary

Kulicke and Soffa Industries reported quarterly net revenue of $199.6 million, up 20.2% from $166.1 million a year earlier, driven mainly by stronger Ball Bonding Equipment and APS sales. Net income fell to $16.8 million from $81.6 million, largely because the prior-year period included a $76.0 million gain related to the cessation of the Electronics Assembly business.

Ball Bonding revenue rose 84.8% to $110.3 million, while Wedge Bonding and Advanced Solutions declined as automotive, industrial and LED demand softened. Gross margin was 49.6%, down from 52.4%, reflecting less favorable mix in several segments. Diluted EPS was $0.32 versus $1.51.

The company generated a $66.4 million increase in cash and cash equivalents during the quarter to $282.1 million, with total cash, cash equivalents and short-term investments at $481.1 million. It repurchased about 168 thousand shares for $6.7 million and paid $10.7 million in dividends at $0.205 per share, while continuing to wind down the EA equipment business and recording remaining employee termination and restructuring costs.

Rhea-AI Summary

Key results: For the quarter ended June 28, 2025 KULICKE AND SOFFA (KLIC) reported net revenue of $148.4M (prior quarter $181.7M) and a net loss of $3.3M (basic EPS $(0.06)). Nine‑month revenue was $476.5M (prior $524.9M) with a nine‑month net loss of $6.2M (basic EPS $(0.12)). Total assets were $1,124.9M and shareholders' equity was $837.5M. Cash and cash equivalents were $246.5M, short‑term investments $310.0M, and total cash+short‑term investments $556.5M. Operating cash provided for the nine months was $106.2M.

Material items & corporate actions: The Company recognized a $71.1M gain (part of an $86.2M reimbursement) related to cancellation of Project W (advanced display Project). The Board approved an intended cessation of the Electronics Assembly (EA) equipment business; related nine‑month charges totaled $89.856M, including inventory write‑downs of $31.581M, impairment charges (total reported impairments $39.817M), and employee termination benefits of $8.18M. Goodwill impairment recorded totaled $19.198M. The Company repurchased ~1.322M shares YTD for $49.5M and declared a quarterly dividend of $0.205 per share.