secwatch / observer

KULICKE & SOFFA INDUSTRIES INC — fact timeline

Source-grounded facts extracted from KULICKE & SOFFA INDUSTRIES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

KLIC KULICKE & SOFFA INDUSTRIES INC JSON
Earnings Releases

KULICKE & SOFFA INDUSTRIES INC reported second fiscal quarter ended April 4, 2026 results: revenue $242.6 million, net income $35.1 million, EPS $0.66 per fully diluted share.

“The Company reported second quarter net revenue of $242.6 million, net income of $35.1 million, representing EPS of $0.66 per fully diluted share, and non-GAAP net income of $42.1 million, representing non-GAAP EPS of $0.79 per fully diluted share.”
Governance Changes

KULICKE & SOFFA INDUSTRIES INC: Declassified the Board to provide for annual election of all directors phased in over four years, with full annual elections beginning 2029 (effective 2025-06-05).

“On June 5, 2025, the Board of Directors (the “ Board ”) of Kulicke and Soffa Industries, Inc. (the “ Company ”) approved an amendment and restatement of the Company’s Amended and Restated By-Laws (as so amended and restated, the “ By-Laws ”) to declassify the Board and provide for the annual election of all directors, phased in over a four-year period.”
Restructurings & Charges

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).

“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)”
Earnings Releases

KULICKE & SOFFA INDUSTRIES INC reported second fiscal quarter ended March 30, 2024 results: revenue $172.1 million, net income net loss of $102.7 million, EPS $(1.83) per fully diluted share.

“The Company reported second quarter net revenue of $172.1 million, net loss of $102.7 million, representing EPS of $(1.83) per fully diluted share, and non-GAAP net loss of $53.2 million, representing non-GAAP EPS of $(0.95) per fully diluted share.”
Governance Changes

KULICKE & SOFFA INDUSTRIES INC: Amended bylaws to limit officer liability per Pennsylvania law (effective 2024-03-13).

“the Company’s shareholders approved the amendment to the Company's amended and restated by-laws to limit the liability of officers of the Company as permitted by the recent amendments to the Pennsylvania Business Corporation Law of 1988. The Company’s Board of Directors adopted such amendments to the Company's amended and restated by-laws (the " Updated By-laws ") on March 13, 2024 immediately after the 2024 Annual Meeting, and the Updated By-laws took immediate effect thereafter.”
Shareholder Votes

KULICKE & SOFFA INDUSTRIES INC shareholders approved Approval of the amendment to the Company's amended and restated by-laws to limit the liability of officers of the Company as permitted by the recent amendments to the Pennsylvania Business Corporation Law of 1988. at the 2024-03-14 meeting.

“The Company’s shareholders approved the amendment to the Company's amended and restated by-laws to limit the liability of officers of the Company as permitted by the recent amendments to the Pennsylvania Business Corporation Law of 1988.”
Shareholder Votes

KULICKE & SOFFA INDUSTRIES INC shareholders approved Approval, on a non-binding basis, of the overall compensation of the Company’s named executive officers as described in the Compensation Discussion & Analysis and the accompanying tabular and narrative disclosure included in the Company’s Proxy Statement for the 2024 Annual Meeting. at the 2024-03-14 meeting.

“The Company’s shareholders approved, on a non-binding basis, the overall compensation of the Company’s named executive officers as described in the Compensation Discussion & Analysis and the accompanying tabular and narrative disclosure included in the Company’s Proxy Statement for the 2024 Annual Meeting.”
Shareholder Votes

KULICKE & SOFFA INDUSTRIES INC shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 28, 2024. at the 2024-03-14 meeting.

“The Company’s shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 28, 2024.”
Shareholder Votes

KULICKE & SOFFA INDUSTRIES INC shareholders approved Election of Ms. Mui Sung Yeo as director to serve until the 2028 Annual Meeting of Shareholders. at the 2024-03-14 meeting.

“The Company’s shareholders elected Mr. David Jeffrey Richardson and Ms. Mui Sung Yeo as directors to serve until the 2028 Annual Meeting of Shareholders and until such person’s successor is duly elected and qualified.”
Shareholder Votes

KULICKE & SOFFA INDUSTRIES INC shareholders approved Election of Mr. David Jeffrey Richardson as director to serve until the 2028 Annual Meeting of Shareholders. at the 2024-03-14 meeting.

“The Company’s shareholders elected Mr. David Jeffrey Richardson and Ms. Mui Sung Yeo as directors to serve until the 2028 Annual Meeting of Shareholders and until such person’s successor is duly elected and qualified.”
Restructurings & Charges

KULICKE & SOFFA INDUSTRIES INC announced a restructuring with charges of $110 million and $130 million affecting advanced display market, Project W.

“on March 11, 2024, the Company committed to a plan to cease operational activities and commence wind down activities concerning various aspects of the Project, as a result of which the Company expects to incur pre-tax charges, including impairments, in the range of $110 million and $130 million”
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.

“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”
Earnings Releases

KULICKE & SOFFA INDUSTRIES INC reported its fourth fiscal quarter ended September 30, 2023 results: revenue $202.3 million, net income $23.4 million, EPS $0.41 per fully diluted shares.

“The Company reported fourth quarter net revenue of $202.3 million and net income of $23.4 million, representing EPS of $0.41 per fully diluted shares”
Governance Changes

KULICKE & SOFFA INDUSTRIES INC: Amended and restated bylaws effective October 12, 2023, including updates for virtual meetings, universal proxy rules, exclusive forum provisions, and other clarifying changes (effective 2023-10-12).

“On October 12, 2023, the Board of Directors (the “Board”) of Kulicke and Soffa Industries, Inc. (the “Company”) approved and adopted the amendment and restatement of the Company’s by-laws (as so amended and restated, the “Amended and Restated By-Laws”), which became effective as of such date.”

Denise M. Dignam was appointed as Director at KULICKE & SOFFA INDUSTRIES INC.

“appointed Ms. Denise M. Dignam to the Board, effective as of August 22, 2023”
Earnings Releases

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.

“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”
Earnings Releases

KULICKE & SOFFA INDUSTRIES INC reported second fiscal quarter ended April 1, 2023 results: revenue $173.0 million, net income $15.0 million or $0.26 per share, EPS $0.26 per share.

“changed. Likewise, the other U.S. GAAP to Non-GAAP reconciliation tables were also correct and have not changed. Second Quarter Fiscal 2023 Financial Highlights • Net revenue of $173.0 million. • Gross margin of 48.6%. • Net income of $15.0 million or $0.26 per share; non-GAAP net income of $21.9 million or $0.38 per share. • GAAP cash from operations of $1.8 million;”
Earnings Releases

KULICKE & SOFFA INDUSTRIES INC reported second fiscal quarter ended April 1, 2023 results: revenue $173.0 million, net income $15.0 million, EPS $0.26 per fully diluted share.

“Kulicke & Soffa Reports Second Quarter 2023 Results Improved Fiscal Second Half Demand Anticipated Singapore – May 3, 2023 – Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S” or the “Company”), today announced financial results of its second fiscal quarter ended April 1, 2023. The Company reported second quarter net revenue of $173.0 million, net income of $15.0 million, representing EPS of $0.26 per fully diluted share”
Shareholder Votes

KULICKE & SOFFA INDUSTRIES INC shareholders approved Approval, on a non-binding basis, of the frequency of shareholder votes on the overall compensation of named executive officers at the 2023-03-02 meeting.

“The Company’s shareholders approved, on a non-binding basis, the frequency where shareholders will vote to approve the overall compensation of the Company’s named executive officers as described in the Company’s Proxy Statement. The votes were cast as follows: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 42,739,905 47,875 1,947,958 70,383 4,658,019”
Shareholder Votes

KULICKE & SOFFA INDUSTRIES INC shareholders approved Approval, on a non-binding basis, of the overall compensation of the Company's named executive officers as described in the Compensation Discussion & Analysis at the 2023-03-02 meeting.

“The Company’s shareholders approved, on a non-binding basis, the overall compensation of the Company’s named executive officers as described in the Compensation Discussion & Analysis and the accompanying tabular and narrative disclosure included in the Company’s Proxy Statement for the 2023 Annual Meeting. The votes were cast as follows: For Against Abstain Broker Non-Votes 43,885,009 759,686 161,426 4,658,019”
Shareholder Votes

KULICKE & SOFFA INDUSTRIES INC shareholders approved Ratification of appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal year ending September 30, 2023 at the 2023-03-02 meeting.

“The Company’s shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023. The votes were cast as follows: For Against Abstain 49,057,071 334,227 72,842”
Shareholder Votes

KULICKE & SOFFA INDUSTRIES INC shareholders approved Election of Dr. Fusen E. Chen and Mr. Gregory F. Milzcik as directors to serve until the 2027 Annual Meeting at the 2023-03-02 meeting.

“The Company’s shareholders elected Dr. Fusen E. Chen and Mr. Gregory F. Milzcik as directors to serve until the 2027 Annual Meeting of Shareholders and until such person’s successor is duly elected and qualified. The votes were cast as follows: For Withhold Broker Non-Votes Dr. Fusen E. Chen 44,412,662 393,459 4,658,019 Gregory F. Milzcik 36,466,542 8,339,579 4,658,019”
Earnings Releases

KULICKE & SOFFA INDUSTRIES INC reported first fiscal quarter ended December 31, 2022 results: revenue $176.2 million, net income $14.6 million, EPS $0.25 per fully diluted share.

“The Company reported first quarter net revenue of $176.2 million, net income of $14.6 million, representing EPS of $0.25 per fully diluted share, and non-GAAP net income of $21.8 million, representing non-GAAP EPS of $0.37 per fully diluted share .”
Earnings Releases

KULICKE & SOFFA INDUSTRIES INC reported the fourth fiscal quarter ended October 1, 2022 results: revenue $286.3 million, net income $64.9 million, EPS $1.10.

“The Company reported fourth quarter net revenue of $286.3 million, net income of $64.9 million and non-GAAP net income of $70.2 million. Quarterly Results - U.S. GAAP Fiscal Q4 2022 Change vs. Fiscal Q4 2021 Change vs. Fiscal Q3 2022 Net Revenue $286.3 million down 41% down 23.1% Gross Profit $132.7 million down 42.6% down 30.4% Gross Margin 46.3% down 140 bps down 490 bps Income from Operations $67.5 million down 56.4% down 44.7% Operating Margin 23.6% down 830 bps down 920 bps Net Income $64.9 million down 51.5% down 45.5% Net Margin 22.7% down 490 bps down 930 bps EPS – Diluted $1.10 down 47.6% down 44.7%”

Shai Soloveizik Zamir resigned as Vice President, Global Operations and Supply Chain at KULICKE & SOFFA INDUSTRIES INC.

“On October 13, 2021, Shai Soloveizik Zamir, Vice President, Global Operations and Supply Chain at Kulicke and Soffa Industries, Inc. (the “Company”) notified the Company of his intention to resign from his position, effective December 31, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.