---
schema_version: "secwatch.filing_event.v1"
accession: "0000056978-23-000061"
form_type: "8-K/A"
ticker: "KLIC"
cik: "0000056978"
company_name: "KULICKE & SOFFA INDUSTRIES INC"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:20:06.595824+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# K&S corrects cash flow periods in Q2 FY2023 earnings release; financials unchanged

## Summary
- GAAP cash from operations corrected to $1.8M for three months ended April 1, 2023 (from incorrectly reflected six-month period).
- Adjusted free cash flow corrected to ($8.6)M for the same quarter; no impact on revenue, net income, or EPS.
- Unaudited financial statements in original May 3 release remain correct; only the period labels in cash-flow highlights and reconciliation were wrong.
- Q2 FY2023 net revenue of $173.0M, gross margin 48.6%, net income $15.0M ($0.26 per share), non-GAAP net income $21.9M ($0.38 per share) unchanged.

## SEC filing metadata
- accession: 0000056978-23-000061
- form_type: 8-K/A
- ticker: KLIC
- cik: 0000056978
- company_name: KULICKE & SOFFA INDUSTRIES INC
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56978/000005697823000061/0000056978-23-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56978/000005697823000061/klic-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000056978-23-000061
- JSON: https://secwatch.observer/filing/0000056978-23-000061.json
- Plain text: https://secwatch.observer/filing/0000056978-23-000061.txt

## Key facts
- Earnings Releases
  KULICKE & SOFFA INDUSTRIES INC reported second fiscal quarter ended April 1, 2023 results: revenue $173.0 million, net income $15.0 million or $0.26 per share, EPS $0.26 per share.
  - Period: second fiscal quarter ended April 1, 2023
  - Revenue: $173.0 million
  - Net income: $15.0 million or $0.26 per share
  - EPS: $0.26 per share
  - Result: reported results
  source text: changed. Likewise, the other U.S. GAAP to Non-GAAP reconciliation tables were also correct and have not changed. Second Quarter Fiscal 2023 Financial Highlights • Net revenue of $173.0 million. • Gross margin of 48.6%. • Net income of $15.0 million or $0.26 per share; non-GAAP net income of $21.9 million or $0.38 per share. • GAAP cash from operations of $1.8 million;
  evidence_url: https://www.sec.gov/Archives/edgar/data/56978/000005697823000061/0000056978-23-000061-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.