earnings
confidence high
sentiment negative
materiality 0.80
Kulicke & Soffa Q2 2023 revenue down 55% YoY to $173M, EPS $0.26
KULICKE & SOFFA INDUSTRIES INC
2023-Q2 EPS reported
$0.51
revenue$349,254,000
- GAAP net income $15.0M ($0.26 diluted EPS); non-GAAP net income $21.9M ($0.38 EPS).
- Revenue fell 55% YoY to $173.0M; gross margin 48.6% (down 390 bps YoY).
- Non-GAAP operating margin 11.8% (down 2340 bps YoY); GAAP operating margin 7.3%.
- Company anticipates improved fiscal second half demand.