{"id":808770,"date":"2025-02-04T16:16:46","date_gmt":"2025-02-04T21:16:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kulicke-soffa-reports-first-quarter-2025-results\/"},"modified":"2025-02-04T16:16:46","modified_gmt":"2025-02-04T21:16:46","slug":"kulicke-soffa-reports-first-quarter-2025-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kulicke-soffa-reports-first-quarter-2025-results\/","title":{"rendered":"Kulicke & Soffa Reports First Quarter 2025 Results"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n SINGAPORE<\/span>
\n <\/span>, Feb. 4, 2025<\/span><\/span> \/PRNewswire\/ — Kulicke and Soffa Industries, Inc.<\/u><\/a> (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S,” “our,” or the “Company”), today announced financial results of its first fiscal quarter ended December\u00a028, 2024. The Company reported first quarter net revenue of $166.1 million<\/span>, net income of $81.6 million<\/span>, representing EPS of $1.51<\/span> per fully diluted share, and non-GAAP net income of $20.2 million<\/span>, representing non-GAAP EPS of $0.37<\/span> per fully diluted share.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n Quarterly Results – U.S. GAAP<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n
\n Fiscal Q1 2025<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Change vs. <\/b>
\n <\/span>\n <\/p>\n

\n
\n Fiscal Q1 2024<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Change vs. <\/b>
\n <\/span>\n <\/p>\n

\n
\n Fiscal Q4 2024<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Revenue<\/span>\n <\/p>\n<\/td>\n

\n

\n $166.1 million<\/span>\n <\/p>\n<\/td>\n

\n

\n down 3%<\/span>\n <\/p>\n<\/td>\n

\n

\n down 8.4%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Gross Margin<\/span>\n <\/p>\n<\/td>\n

\n

\n 52.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n up 570 bps<\/span>\n <\/p>\n<\/td>\n

\n

\n up 410 bps<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Income from Operations<\/span>\n <\/p>\n<\/td>\n

\n

\n $86.6 million<\/span>\n <\/p>\n<\/td>\n

\n

\n up 5018.1%<\/span>\n <\/p>\n<\/td>\n

\n

\n up 3122.4%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Operating Margin<\/span>\n <\/p>\n<\/td>\n

\n

\n 52.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n up 5120 bps<\/span>\n <\/p>\n<\/td>\n

\n

\n up 5070 bps<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Income<\/span>\n <\/p>\n<\/td>\n

\n

\n $81.6 million<\/span>\n <\/p>\n<\/td>\n

\n

\n up 778.5%<\/span>\n <\/p>\n<\/td>\n

\n

\n up 573.8%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Margin<\/span>\n <\/p>\n<\/td>\n

\n

\n 49.1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n up 4370 bps<\/span>\n <\/p>\n<\/td>\n

\n

\n up 4240 bps<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n EPS \u2013 Diluted<\/span>\n <\/p>\n<\/td>\n

\n

\n $1.51<\/span>\n <\/p>\n<\/td>\n

\n

\n up 843.8%<\/span>\n <\/p>\n<\/td>\n

\n

\n up 586.4%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n\n\n\n\n\n\n\n\n
\n

\n
\n Quarterly Results – Non-GAAP<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n
\n Fiscal Q1 2025<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Change vs. <\/b>
\n <\/span>\n <\/p>\n

\n
\n Fiscal Q1 2024<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Change vs. <\/b>
\n <\/span>\n <\/p>\n

\n
\n Fiscal Q4 2024<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Income from Operations<\/span>\n <\/p>\n<\/td>\n

\n

\n $18.9 million<\/span>\n <\/p>\n<\/td>\n

\n

\n up 73.2%<\/span>\n <\/p>\n<\/td>\n

\n

\n up 48.8%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Operating Margin<\/span>\n <\/p>\n<\/td>\n

\n

\n 11.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n up 500 bps<\/span>\n <\/p>\n<\/td>\n

\n

\n up 440 bps<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Income<\/span>\n <\/p>\n<\/td>\n

\n

\n $20.2 million<\/span>\n <\/p>\n<\/td>\n

\n

\n up 19.1%<\/span>\n <\/p>\n<\/td>\n

\n

\n up 9.2%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Net Margin<\/span>\n <\/p>\n<\/td>\n

\n

\n 12.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n up 230 bps<\/span>\n <\/p>\n<\/td>\n

\n

\n up 200 bps<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n EPS \u2013 Diluted<\/span>\n <\/p>\n<\/td>\n

\n

\n $0.37<\/span>\n <\/p>\n<\/td>\n

\n

\n up 23.3%<\/span>\n <\/p>\n<\/td>\n

\n

\n up 8.8%<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n
\n \n <\/td>\n<\/tr>\n
\n

\n A reconciliation between the GAAP and non-GAAP adjusted results is provided in the financial tables included at the end of this press release. See also the “Use of non-GAAP Financial Results” section of this press release.<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n Fusen Chen<\/span>, Kulicke & Soffa’s President and Chief Executive Officer, stated, “As we anticipate core-market demand to gradually improve, we remain focused on delivering new systems and features within the Ball, Wedge, and Advanced Solutions segments. Over the coming quarters, we also expect ongoing market adoption of our unique Fluxless Thermo-Compression (FTC), Vertical Fan-Out (VFO), and emerging battery assembly solutions.”<\/p>\n

Next-generation memory and logic applications, driven by artificial intelligence, cloud computing and connected devices, are demanding new forms of semiconductor packaging. The Company’s leading advanced packaging solutions – including FTC and VFO – are well positioned to directly support these emerging industry requirements over the long-term.<\/p>\n

\n
\n First Quarter Fiscal 2025 Financial Highlights<\/u>
\n <\/b>\n <\/p>\n