earnings
confidence high
sentiment negative
materiality 0.85
Kulicke & Soffa reports Q2 net loss $84.5M; plans to exit Electronics Assembly business
KULICKE & SOFFA INDUSTRIES INC
2025-Q2 EPS
reported -$0.05
vs consensus $0.06
▼ miss
(-190.7%)
- Q2 net revenue $162.0M, GAAP net loss $84.5M ($1.59 diluted EPS), non-GAAP net loss $27.9M ($0.52 diluted EPS).
- Board approved cessation of Electronics Assembly equipment business; pre-tax charges of ~$86.6M recorded in Q2.
- Gross margin 24.9% vs 9.6% year ago; operating loss $84.7M (operating margin -52.3%).
- Non-GAAP operating loss $27.4M; revenue down 5.9% YoY and 2.5% sequentially.