Kulicke & Soffa Q3 GAAP EPS $0.07, revenue $190.9M, down 48.7% YoY

KULICKE & SOFFA INDUSTRIES INC

2023-Q3 EPS reported $0.59 revenue$540,171,000

Net revenue of $190.9M, down 48.7% YoY but up 10.3% sequentially from Q2.
GAAP net income $4.2M ($0.07/shr); non-GAAP net income $31.9M ($0.55/shr).
GAAP operating loss of $4.5M (margin -2.4%); non-GAAP operating income $24.3M (margin 12.7%).
Gross margin 47.2% vs 51.2% a year ago, down 400 bps YoY.
Company notes sequential improvement with 'strengthening core and expanding market access'.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

KULICKE & SOFFA INDUSTRIES INC reported third fiscal quarter ended July 1, 2023 results: revenue $190.9 million, net income $4.2 million, EPS $0.07 per fully diluted share.

Period: third fiscal quarter ended July 1, 2023
Revenue: $190.9 million
Net income: $4.2 million
EPS: $0.07 per fully diluted share
Result: reported results

Exact text from the filing

The Company reported third quarter net revenue of $190.9 million, net income of $4.2 million, representing EPS of $0.07 per fully diluted share

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Source: SEC EDGAR

accession 0000056978-23-000102

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