---
schema_version: "secwatch.filing_event.v1"
accession: "0000056978-24-000032"
form_type: "8-K"
ticker: "KLIC"
cik: "0000056978"
company_name: "KULICKE & SOFFA INDUSTRIES INC"
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T14:19:18.946035+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# K&S Q1 GAAP EPS $0.16, non-GAAP $0.30; operating income down 85.7% YoY

## Summary
- 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).

## SEC filing metadata
- accession: 0000056978-24-000032
- form_type: 8-K
- ticker: KLIC
- cik: 0000056978
- company_name: KULICKE & SOFFA INDUSTRIES INC
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56978/000005697824000032/0000056978-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56978/000005697824000032/klic-20240131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000056978-24-000032
- JSON: https://secwatch.observer/filing/0000056978-24-000032.json
- Plain text: https://secwatch.observer/filing/0000056978-24-000032.txt

## Key facts
- Earnings Releases
  KULICKE & SOFFA INDUSTRIES INC reported first fiscal quarter ended December 30, 2023 results: revenue $171.2 million, net income $9.3 million, EPS $0.16 per fully diluted share.
  - Period: first fiscal quarter ended December 30, 2023
  - Revenue: $171.2 million
  - Net income: $9.3 million
  - EPS: $0.16 per fully diluted share
  - Result: reported results
  source text: The Company reported first quarter net revenue of $171.2 million, net income of $9.3 million, representing EPS of $0.16 per fully diluted share, and non-GAAP net income of $17.0 million, representing non-GAAP EPS of $0.30 per fully diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/56978/000005697824000032/0000056978-24-000032-index.htm

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