Accessibility StatementSkip Navigation SINGAPORE, Sept. 9, 2025 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa", "K&S", "we" or the "Company") today announced the launch of ACELONâ"¢, a next-generation precision dispensing solution designed for a broad-range of semiconductor, SMT, and automotive assembly applications. This new advanced dispense platform leverages the Company's market-leading machine architecture in wire bonding, which is already successfully deployed by ...

Kulicke and Soffa (KLIC) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +16.67%. A quarter ago, it was expected that this semiconductor equipment maker would post earnings of $0.19 per share when it actually produced a loss of $0.52, delivering a surprise of -373.68%. Over the last ...

Kulicke and Soffa Industries (KLIC) Q3 2025 Earnings Call August 06, 2025 04:30 PM ET Speaker0Greetings, and welcome to the Q3 twenty twenty five Quarter Results. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Joe Ellinge.Thank you. You may begin.Speaker1Welcome everyone to Kewelkits Office fiscal third quarter twenty twenty five confer ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 28, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File No.: 000-00121 KULICKE AND SOFFA INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Pennsylvania 23-1498399 (State or other juri ...

Kulicke & Soffa Nasdaq: KLIC Quarterly Earnings Review August 6, 2025 Q3F25 Ended June 28, 2025 1 Earnings Review Safe Harbor In addition to historical statements, this presentation contains statements relating to future events and our future results based on management's expectations as of August 6, 2025. These statements are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our judgments and future expe ...

[Company Overview](index=1&type=section&id=Company%20Overview) This section provides an overview of Kulicke & Soffa, including its official information, market positioning as a global leader in semiconductor assembly technology, and investor contact details [Company Information](index=1&type=section&id=Company%20Information) This section provides the official names, addresses, and contact details for Kulicke & Soffa Pte. Ltd. and Kulicke and Soffa Industries, Inc., along with their website and Q3 Fiscal 2025 earnings announcement - Company Name: Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC)[2](index=2&type=chunk) - U.S. Headquarters: 1005 Virginia Drive, Fort Washington, PA 19034 USA[1](index=1&type=chunk) - Singapore Office: 23A Serangoon North Ave 5, Singapore 554369[1](index=1&type=chunk) [About Kulicke & Soffa](index=3&type=section&id=About%20Kulicke%20%26%20Soffa) Kulicke & Soffa, established in 1951, is a global leader in semiconductor assembly technology, dedicated to enhancing device performance and delivering long-term value across automotive, computing, industrial, storage, and communications markets through technology and opportunity - Company Positioning: Global leader in semiconductor assembly technology[15](index=15&type=chunk) - Market Coverage: Automotive, computing, industrial, storage, and communications markets[15](index=15&type=chunk) - Core Strategy: Creating long-term value through technological innovation to address dynamic process challenges[15](index=15&type=chunk) [Contact Information](index=3&type=section&id=Contact%20Information) This section provides investor relations contact information, specifically Joseph Elgindy from the finance department - Contact Person: Joseph Elgindy[17](index=17&type=chunk) - Department: Finance[17](index=17&type=chunk) - Phone: +1-215-784-7518[17](index=17&type=chunk) [Third Quarter Fiscal 2025 Financial Performance](index=1&type=section&id=Third%20Quarter%20Fiscal%202025%20Financial%20Performance) This section details Kulicke & Soffa's Q3 Fiscal 2025 financial performance, including GAAP and non-GAAP results, management commentary, and key financial highlights such as cash flow and stock repurchases [Executive Summary of Q3 2025 Results](index=1&type=section&id=Executive%20Summary%20of%20Q3%202025%20Results) Kulicke & Soffa reported net revenue of **$148.4 million** in Q3 Fiscal 2025, with a GAAP net loss of **$3.3 million** (diluted EPS of **$0.06**) and non-GAAP net income of **$3.8 million** (diluted non-GAAP EPS of **$0.07**) Q3 2025 Financial Summary | Metric | Q3 2025 (GAAP) | Q3 2025 (Non-GAAP) | | :----- | :------------- | :----------------- | | Net Revenue | $148.4 million | $148.4 million | | Net (Loss) / Income | $(3.3) million | $3.8 million | | EPS – Diluted | $(0.06) | $0.07 | [Management Commentary](index=2&type=section&id=Management%20Commentary) President and CEO Fusen Chen highlighted the company's ongoing progress in multiple technology transitions, expanding new opportunities in general semiconductor, memory, automotive, and industrial markets, while being encouraged by market feedback on latest solutions and order momentum in high-volume regions - The company continues to advance multiple technology transitions and expand new opportunities in general semiconductor, memory, automotive, and industrial markets[7](index=7&type=chunk) - Positive market feedback on the latest solutions and growing order momentum in high-volume regions are encouraging[7](index=7&type=chunk) [GAAP Financial Results](index=1&type=section&id=GAAP%20Financial%20Results) In Q3 Fiscal 2025, GAAP net revenue decreased **18.3%** year-over-year and **8.4%** quarter-over-quarter to **$148.4 million**, resulting in a net loss of **$3.3 million** (diluted EPS of **$0.06**), a significant decline from Q3 Fiscal 2024 net income of **$12.3 million**, while gross margin slightly increased by **10 basis points** to **46.7%** GAAP Financial Performance | Metric | Fiscal Q3 2025 | Change vs. Fiscal Q3 2024 | Change vs. Fiscal Q2 2025 | | :------------------ | :------------- | :------------------------ | :------------------------ | | Net Revenue | $148.4 million | down 18.3% | down 8.4% | | Gross Margin | 46.7% | up 10 bps | up 2180 bps | | Loss from Operations | $(6.1) million | down 173.6% | up 92.8% | | Net Loss | $(3.3) million | down 126.8% | up 96.1% | | EPS – Diluted | $(0.06) | down 127.3% | up 96.2% | [Non-GAAP Financial Results](index=1&type=section&id=Non-GAAP%20Financial%20Results) Non-GAAP net income for Q3 Fiscal 2025 was **$3.8 million**, a **80.5%** year-over-year decrease, with diluted EPS of **$0.07**, and non-GAAP operating margin was **1.1%**, down **760 basis points** year-over-year but significantly improved by **1800 basis points** quarter-over-quarter Non-GAAP Financial Performance | Metric | Fiscal Q3 2025 | Change vs. Fiscal Q3 2024 | Change vs. Fiscal Q2 2025 | | :------------------ | :------------- | :------------------------ | :------------------------ | | Income from Operations | $1.6 million | down 90.0% | up 105.8% | | Operating Margin | 1.1% | down 760 bps | up 1800 bps | | Net Income | $3.8 million | down 80.5% | up 113.5% | | Net Margin | 2.5% | down 810 bps | up 1970 bps | | EPS – Diluted | $0.07 | down 80.0% | up 113.5% | [Key Financial Highlights](index=2&type=section&id=Key%20Financial%20Highlights) Beyond core revenue metrics, K&S reported GAAP operating cash flow of **$7.4 million** and adjusted free cash flow of **$5.4 million**, maintaining a strong cash position of **$556.5 million** in cash, cash equivalents, and short-term investments, while repurchasing **$21.6 million** of common stock - GAAP cash flow from operating activities: **$7.4 million**[13](index=13&type=chunk) - Adjusted free cash flow: **$5.4 million**[13](index=13&type=chunk) - Total cash, cash equivalents, and short-term investments amounted to **$556.5 million** as of June 28, 2025[13](index=13&type=chunk) - Common stock repurchases: **$21.6 million** in total, repurchasing **0.7 million** shares[13](index=13&type=chunk) [Fourth Quarter Fiscal 2025 Outlook](index=2&type=section&id=Fourth%20Quarter%20Fiscal%202025%20Outlook) K&S anticipates Q4 Fiscal 2025 net revenue to be approximately **$170 million** (+/- **$10 million**), with GAAP diluted EPS projected at approximately **$0.08** (+/- **10%**) and non-GAAP diluted EPS at approximately **$0.22** (+/- **10%**) Q4 2025 Outlook | Metric | Q4 2025 Outlook (GAAP) | Q4 2025 Outlook (Non-GAAP) | | :------------------ | :--------------------- | :------------------------- | | Net Revenue | $170 million +/- $10 million | $170 million +/- $10 million | | Diluted EPS | $0.08 +/- 10% | $0.22 +/- 10% | [Use of Non-GAAP Financial Measures](index=2&type=section&id=Use%20of%20Non-GAAP%20Financial%20Measures) This section defines Kulicke & Soffa's non-GAAP financial measures, which exclude items like goodwill amortization, restructuring costs, and equity-based compensation, used by management to analyze operating performance and enhance investor understanding and comparability, while acknowledging their limitations relative to GAAP - Non-GAAP exclusions include amortization of intangible assets from business combinations, restructuring and severance charges, equity-based compensation expenses, acquisition and integration costs, impairment charges, and related income tax effects[12](index=12&type=chunk) - Purpose of use: To enhance investor understanding of the company's underlying operating performance, facilitate comparisons of financial results across periods, and assess overall performance against competitors[12](index=12&type=chunk) - Limitations: Non-GAAP financial measures are not prepared in accordance with GAAP, may differ from non-GAAP measures used by other companies, and exclude expenses that could significantly impact the company's reported financial results[14](index=14&type=chunk) [Cautionary Statement Regarding Forward-Looking Statements](index=3&type=section&id=Cautionary%20Statement%20Regarding%20Forward-Looking%20Statements) This section serves as a disclaimer for forward-looking statements in the press release, emphasizing that actual results may differ materially due to various risks and uncertainties, including macroeconomic headwinds, inflation, interest rates, geopolitical tensions, new product development, and operational challenges, as detailed in SEC filings, with no obligation for the company to update these statements - Statements regarding future events and results are 'forward-looking' and subject to risks and uncertainties[16](index=16&type=chunk) - Key risks include: failures or delays related to labor negotiations, regulatory or judicial review, macroeconomic headwinds (inflation, interest rates, market sentiment, recession), ability to develop and market new products, and ability to operate the business in accordance with business plans[16](index=16&type=chunk) - The company undertakes no obligation to update or revise forward-looking statements[16](index=16&type=chunk) [Consolidated Financial Statements (Unaudited)](index=4&type=section&id=Consolidated%20Financial%20Statements%20%28Unaudited%29) This section presents the unaudited consolidated financial statements, including statements of operations, balance sheets, and cash flows, detailing the company's financial position and performance for the reported periods [Consolidated Condensed Statements of Operations](index=4&type=section&id=Consolidated%20Condensed%20Statements%20of%20Operations) The unaudited consolidated condensed statements of operations show a net loss of **$3.3 million** for Q3 Fiscal 2025, compared to a net income of **$12.3 million** in Q3 Fiscal 2024, with a net loss of **$6.2 million** for the nine months ended June 28, 2025, an improvement from the **$81.1 million** net loss in the prior year period Consolidated Condensed Statements of Operations (in thousands) | Metric (in thousands) | Three months ended June 28, 2025 | Three months ended June 29, 2024 | Nine months ended June 28, 2025 | Nine months ended June 29, 2024 | | :-------------------- | :------------------------------- | :------------------------------- | :------------------------------ | :------------------------------ | | Net revenue | $148,413 | $181,650 | $476,523 | $524,913 | | Gross profit | $69,243 | $84,730 | $196,711 | $181,097 | | (Loss) / Income from operations | $(6,094) | $8,277 | $(4,112) | $(95,185) | | Net (loss) / income | $(3,289) | $12,264 | $(6,166) | $(81,123) | | Diluted EPS | $(0.06) | $0.22 | $(0.12) | $(1.45) | | Cash dividends declared per share | $0.205 | $0.20 | $0.615 | $0.60 | | Number of employees | 2,625 (as of June 28, 2025) | 2,790 (as of June 29, 2024) | N/A | N/A | [Consolidated Condensed Balance Sheets](index=5&type=section&id=Consolidated%20Condensed%20Balance%20Sheets) As of June 28, 2025, total assets were **$1.1249 billion**, down from **$1.2402 billion** as of September 28, 2024, primarily due to decreases in short-term investments, accounts receivable, inventory, goodwill, and intangible assets, while total liabilities also slightly decreased from **$296.2 million** to **$287.4 million** Consolidated Condensed Balance Sheets (in thousands) | Metric (in thousands) | As of June 28, 2025 | As of September 28, 2024 | | :-------------------- | :------------------ | :----------------------- | | Total Assets | $1,124,896 | $1,240,162 | | Total Liabilities | $287,370 | $296,153 | | Total Shareholders' Equity | $837,526 | $944,009 | | Cash and cash equivalents | $246,481 | $227,147 | | Short-term investments | $310,000 | $350,000 | | Goodwill | $69,522 | $89,748 | | Intangible assets, net | $5,908 | $25,239 | [Consolidated Condensed Statements of Cash Flows](index=6&type=section&id=Consolidated%20Condensed%20Statements%20of%20Cash%20Flows) For the three months ended June 28, 2025, net cash provided by operating activities was **$7.4 million**, down from **$26.9 million** in the prior year period, with net cash used in investing activities at **$17.5 million** and financing activities at **$32.6 million**, while for the nine months, operating activities provided **$106.2 million** in cash, a significant improvement from a **$0.6 million** net cash use in the prior year Consolidated Condensed Statements of Cash Flows (in thousands) | Metric (in thousands) | Three months ended June 28, 2025 | Three months ended June 29, 2024 | Nine months ended June 28, 2025 | Nine months ended June 29, 2024 | | :-------------------- | :------------------------------- | :------------------------------- | :------------------------------ | :------------------------------ | | Net cash provided by / (used in) operating activities | $7,380 | $26,897 | $106,159 | $(582) | | Net cash provided by / (used in) investing activities | $(17,463) | $36,594 | $26,161 | $(20,518) | | Net cash used in financing activities | $(32,606) | $(55,933) | $(114,564) | $(141,729) | | Cash and cash equivalents, end of period | $246,481 | $366,917 | $246,481 | $366,917 | | Total cash, cash equivalents and short-term investments | $556,481 | $601,917 | $556,481 | $601,917 | [Reconciliation of GAAP to Non-GAAP Financial Measures](index=7&type=section&id=Reconciliation%20of%20GAAP%20to%20Non-GAAP%20Financial%20Measures) This section provides detailed reconciliations between GAAP and non-GAAP financial measures for operating income, net income, EPS, adjusted free cash flow, and the Q4 Fiscal 2025 outlook, highlighting the impact of various adjustments [Reconciliation of Income from Operations and Operating Margin](index=7&type=section&id=Reconciliation%20of%20Income%20from%20Operations%20and%20Operating%20Margin) The reconciliation shows a GAAP operating loss of **$6.1 million** for Q3 Fiscal 2025, adjusted to a non-GAAP operating income of **$1.6 million** by adding back non-GAAP items such as intangible asset amortization, restructuring costs, and equity-based compensation, resulting in a non-GAAP operating margin of **1.1%** compared to GAAP's **(4.1%)** Reconciliation of Income from Operations and Operating Margin (in thousands) | Metric | June 28, 2025 (GAAP) | June 28, 2025 (Non-GAAP) | Non-GAAP Adjustments (Q3 2025) | | :---------------------------------- | :------------------- | :----------------------- | :----------------------------- | | (Loss) / Income from operations | $(6,094) | $1,593 | | | Operating margin | (4.1)% | 1.1% | | | Amortization related to intangible assets | | | $308 | | Restructuring | | | $287 | | Equity-based compensation | | | $7,092 | [Reconciliation of Net Income, Net Margin, and EPS](index=8&type=section&id=Reconciliation%20of%20Net%20Income%2C%20Net%20Margin%2C%20and%20EPS) For Q3 Fiscal 2025, GAAP net loss of **$3.3 million** was adjusted to a non-GAAP net income of **$3.8 million**, leading to a non-GAAP diluted EPS of **$0.07** compared to GAAP's **($0.06)**, with total non-GAAP adjustments amounting to **$7.1 million**, primarily from equity-based compensation Reconciliation of Net Income, Net Margin, and EPS (in thousands) | Metric | June 28, 2025 (GAAP) | June 28, 2025 (Non-GAAP) | Non-GAAP Adjustments (Q3 2025) | | :---------------------------------- | :------------------- | :----------------------- | :----------------------------- | | Net (loss) / income | $(3,289) | $3,772 | | | Net margin | (2.2)% | 2.5% | | | Diluted EPS | $(0.06) | $0.07 | | | Total non-GAAP adjustments | | | $7,061 | | Key adjustments: | | | | | - Amortization related to intangible assets | | | $308 | | - Restructuring | | | $287 | | - Equity-based compensation | | | $7,092 | | - Net income tax benefit on non-GAAP items | | | $(626) | [Reconciliation of Adjusted Free Cash Flow](index=9&type=section&id=Reconciliation%20of%20Adjusted%20Free%20Cash%20Flow) For Q3 Fiscal 2025, GAAP net cash provided by operating activities was **$7.4 million**, which, after deducting purchases of property, plant, and equipment and adding proceeds from sales, resulted in a non-GAAP adjusted free cash flow of **$5.4 million** Reconciliation of Adjusted Free Cash Flow (in thousands) | Metric (in thousands) | Three months ended June 28, 2025 | | :---------------------------------------- | :------------------------------- | | U.S. GAAP net cash provided by operating activities | $7,380 | | Purchases of property, plant and equipment | $(2,090) | | Proceeds from sales of property, plant and equipment | $147 | | Non-GAAP adjusted free cash flow | $5,437 | [Reconciliation of Fourth Quarter Fiscal 2025 Outlook](index=10&type=section&id=Reconciliation%20of%20Fourth%20Quarter%20Fiscal%202025%20Outlook) The Q4 Fiscal 2025 outlook provides both GAAP and non-GAAP projections, with GAAP diluted EPS of **$0.08** adjusted to a non-GAAP outlook of **$0.22** by adding back **$0.14** in non-GAAP adjustments, primarily for equity-based compensation and amortization Reconciliation of Fourth Quarter Fiscal 2025 Outlook | Metric | GAAP Outlook | Adjustments | Non-GAAP Outlook | | :------------------ | :----------- | :---------- | :--------------- | | Net revenue | $170 million +/- $10 million | — | $170 million +/- $10 million | | Operating expenses | $75.5 million +/- 2% | $7.5 million | $68.0 million +/- 2% | | Diluted EPS | $0.08 +/- 10% | $0.14 | $0.22 +/- 10% | | Key adjustments for EPS: | | | | | - Equity-based compensation (Cost of sales) | | $0.4 | | | - Equity-based compensation (SG&A and R&D) | | $7.2 | | | - Amortization related to intangible assets | | $0.3 | | | - Net income tax effect of the above items | | $(0.6) | |

Company Overview - Kulicke and Soffa Industries, Inc. is a global leader in semiconductor assembly technology, focusing on enhancing device performance across various markets including automotive, compute, industrial, memory, and communications [3] Upcoming Financial Results - The company will announce its third fiscal quarter 2025 financial results on August 6, 2025, at approximately 4:00 pm ET [1] - A conference call to discuss these results and the business outlook is scheduled for the same day at 4:30 pm ET [1] Accessing the Conference Call - Interested parties can access the conference call by calling +1-877-407-8037 (toll-free) or +1-201-689-8037 (international) [2] - A live webcast and replay will be available at investor.kns.com, with a replay accessible from one hour after the call until August 14, 2025 [2]

Core Insights - Kulicke and Soffa Industries, Inc. has formed a strategic partnership with Lavorro Inc. to enhance smart manufacturing solutions in the semiconductor industry, focusing on actionable insights and scalable knowledge reuse [1][2][3] Group 1: Partnership Details - The collaboration aims to integrate Kulicke and Soffa's existing solutions, such as APTURA™ equipment and KNeXt™ connectivity, with Lavorro's generative AI platform to improve factory performance and reduce operational costs [2] - Lavorro's platform includes tools like FabAssist.ai™ and ToolAssist.ai™, which utilize natural language processing and machine learning to provide virtual assistants that enhance diagnostics, recipe optimization, and maintenance workflows [2][3] Group 2: Benefits and Implementation - The partnership is expected to deliver significant value by improving mean-time-to-repair (MTTR) and mean-time-between-failures (MTBF), while also formalizing expert knowledge to accelerate onboarding and decision-making [2][3] - Solutions from this collaboration are available for early adoption, supporting both on-premise and cloud-based environments, with anticipated rapid return on investment through improved tool uptime and enhanced yield [3] Group 3: Company Backgrounds - Kulicke and Soffa is recognized as a global leader in semiconductor assembly technology, serving various markets including automotive and communications, and has a history of innovation since its founding in 1951 [4] - Lavorro specializes in Generative AI for semiconductor manufacturing, providing knowledge-driven decision support and automation solutions that are trusted by fabs and equipment manufacturers globally [5]

Core Viewpoint - Kulicke and Soffa Industries (NASDAQ: KLIC) has experienced a rebound in stock performance due to the recent easing of trade and tariff disputes, following a period where the stock reached a multi-year low [1] Group 1: Company Overview - Kulicke and Soffa Industries is a supplier of equipment and solutions for the semiconductor and LED industries [1] Group 2: Market Context - The easing of trade and tariff disputes has positively impacted the company's stock performance, which had previously fallen to a new multi-year low [1]

Core Viewpoint - Kulicke & Soffa Industries, Inc. is conducting its Q2 2025 earnings conference call, highlighting the participation of key executives including the CEO and CFO [1][2]. Financial Information - The company emphasizes the importance of non-GAAP financial measures, which should be considered alongside GAAP financial information [3]. Future Outlook - The remarks during the call will include forward-looking statements that are subject to risks and uncertainties, potentially affecting actual results and financial conditions [4].