earnings
confidence high
sentiment positive
materiality 0.70
Kulicke & Soffa Q1 FY2022 revenue $460.9M (+72%), GAAP EPS $2.11, non-GAAP EPS $2.19; accelerates buybacks
KULICKE & SOFFA INDUSTRIES INC
2022-Q1 EPS reported
$2.11
revenue$460,888,000
- Q1 net revenue $460.9M, up 72.1% YoY; GAAP net income $133.6M ($2.11 diluted EPS), up 176% YoY.
- Non-GAAP EPS of $2.19, up 154.7% YoY; non-GAAP operating margin 34.2%.
- Gross margin improved 300 bps YoY to 48.4%; GAAP operating margin up 1260 bps to 32.8%.
- Company accelerating share repurchase activity; provides revenue outlook for fiscal 2022.