KULICKE & SOFFA INDUSTRIES INC (KLIC): restructuring charge — Kulicke & Soffa to wind down Electronics Assembly equipment business; expects $86M-$100M in charges

KULICKE & SOFFA INDUSTRIES INC

Total pre-tax charges of $86M-$100M, including $34M goodwill/intangibles impairment and $25M-$30M inventory write-down.
Cash expenditures of $24M-$31M for severance, contract termination, and other costs; majority completed by first half fiscal 2026.
EA equipment wind-down expected over 12 months; company to refocus on Thermo-compression, Vertical Fan-Out, Automotive, and Advanced Dispense.
Pro forma financial model impact: revenue down $25M-$29M, gross profit down $7M-$11M, operating expenses down $24M-$28M annually.

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

KULICKE & SOFFA INDUSTRIES INC announced a restructuring with charges of $86 million and $100 million affecting Electronics Assembly (EA) equipment business (between approximately $11 million and $13 million of severance and other employee-related costs).

Type: restructuring
Charge: $86 million and $100 million
Affected area: Electronics Assembly (EA) equipment business
Headcount: between approximately $11 million and $13 million of severance and other employee-related costs

Exact text from the filing

of the EA equipment business. As a result of this intended cessation of business, the Company expects to incur total pre-tax charges, including impairments, in the range of $86 million and $100 million. These charges include: • Pre-tax cash expenditures of: (i) between approximately $11 million and $13 million of severance and other employee-related costs, (ii)

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20 restructurings & charges filed in the last 30 days. Browse all restructurings & charges →

KULICKE & SOFFA INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0000056978-25-000038

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