secwatch.observer — SEC 8-K summary
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Issuer:     KULICKE & SOFFA INDUSTRIES INC (KLIC)
CIK:        0000056978
Form:       8-K/A
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000056978-23-000061
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56978/000005697823000061/0000056978-23-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56978/000005697823000061/klic-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000056978-23-000061

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