Kulicke and Soffa Industries, Inc. Provides Earnings Guidance for the Second Quarter Ending March 30, 2024
January 31, 2024 at 04:05 pm EST
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Kulicke and Soffa Industries, Inc. provided earnings guidance for the second quarter ending March 30, 2024. For the quarter, the company expects net revenue to be approximately $170 million +/- $10 million and GAAP diluted EPS to be approximately $0.13 +/- 10%.
Kulicke and Soffa Industries, Inc. specializes in developing semiconductor and electronics assembly solutions. It designs, develops, manufactures, and sells capital equipment, consumables and services used to assemble semiconductors and electronic devices, such as integrated circuits, power discrete, light-emitting diode (LEDs), advanced displays and sensors. The Company operates in four segments. Its Ball Bonding Equipment segment is in designs, development, manufacture, and sell of ball bonding equipment and wafer level bonding equipment. Its Wedge Bonding Equipment segment is in design, development, manufacture, and sale of wedge bonding equipment. The Company's Advanced Solutions is in design, development, manufacture, and sells advanced display, die-attach and thermocompression systems and solutions. Its aftermarket products and services segment is in the design, development, manufacture and sale of a variety of tools, spares and services for the Company's equipment.