earnings
confidence high
sentiment negative
materiality 0.65
K&S Q1 GAAP EPS $0.16, non-GAAP $0.30; operating income down 85.7% YoY
KULICKE & SOFFA INDUSTRIES INC
2024-Q1 EPS reported
$0.16
revenue$171,189,000
- Net revenue $171.2M, down 2.9% YoY and 15.4% sequentially.
- GAAP net income $9.3M ($0.16 diluted EPS); non-GAAP net income $17.0M ($0.30).
- Gross margin 46.7% (down 360 bps YoY); operating margin 1.0% (vs 670 bps prior year).
- Company increased share repurchase activity (no dollar amount specified).