15.11.2023 22:27:43 - dpa-AFX: Kulicke & Soffa Industries Inc. Q4 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Kulicke & Soffa Industries Inc. (KLIC) reported a
profit for fourth quarter that decreased from last year but beat the Street
estimates.

The company's earnings came in at $23.4 million, or $0.41 per share. This
compares with $64.9 million, or $1.10 per share, in last year's fourth quarter.

Excluding items, Kulicke & Soffa Industries Inc. reported adjusted earnings of
$105.0 million or $1.82 per share for the period.

Analysts on average had expected the company to earn $0.43 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 29.3% to $202.3 million from $286.3
million last year.

Kulicke & Soffa Industries Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $23.4 Mln. vs. $64.9 Mln. last year.
-EPS (Q4): $0.41 vs. $1.10 last year.
-Analyst Estimates: $0.43
-Revenue (Q4): $202.3 Mln vs. $286.3 Mln last year.

-Guidance:
Next quarter EPS guidance: about $0.25
Next quarter revenue guidance: $160-$180 mln


Copyright(c) 2023 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
KULICKE + SOFFA IND. 854118 Frankfurt 41,260 30.05.24 08:07:10 -1,390 -3,26% 41,390 41,780 41,260 42,650

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH