Kulicke & Soffa Reports First Quarter 2024 Results

January 31, 2024

https://www.prnewswire.com/news-releases/kulicke–soffa-reports-first-quarter-2024-results-302049546.html

Increases Share Repurchase Activity

Ongoing Progress on Company-Specific Growth Opportunities

SINGAPORE, Jan. 31, 2024 /PRNewswire/ — Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S,” “our,” or the “Company”), today announced financial results of its first fiscal quarter ended December 30, 2023. 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.

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