Financial Data and Key Metrics Changes - The company reported revenue of $424.3 million for the June quarter, representing a nearly 25% sequential increase [29] - Gross margins for the June quarter were 46.1%, with non-GAAP EPS of $1.87, up 48% sequentially [14][29] - Non-GAAP net income was $118.8 million, highlighting operational leverage [30] - The company anticipates revenue of approximately $465 million for the September quarter, marking a nearly 10% increase over the June quarter [34] Business Line Data and Key Metrics Changes - The General Semiconductor space is experiencing strong demand driven by the adoption of 5G and new connected devices [15][24] - Approximately 40% of capital equipment revenue came from advanced packages, indicating a significant shift in product mix [19] - Equipment sales into the LED market remained strong, with expectations for further increases in September [21] Market Data and Key Metrics Changes - The automotive and industrial market showed strong performance, driven by the need for semiconductors in electric vehicles and autonomous driving [24] - Memory market sales improved sharply, with June quarter sales above long-term averages [25] - The company expects continued strong demand in the semiconductor industry, with annual growth rates anticipated to exceed the historical average of 6.5% [11] Company Strategy and Development Direction - The company is focused on expanding market reach through aggressive R&D investments targeting automotive, electronics assembly, and display markets [8][10] - The long-term strategy includes supporting advanced display and packaging technologies, with expectations for sustainable revenue growth [12][35] - The company plans to leverage new product introductions to enhance profitability and market presence [20][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in sustaining a revenue level of $1.5 billion, supported by strong market demand and ongoing industry expansion [11][42] - The company is optimistic about the semiconductor market's growth trajectory, with expectations for continued demand driven by new applications [10][59] - Management noted that supply chain challenges are being effectively mitigated, allowing for increased production capacity [26][25] Other Important Information - The company ended the June quarter with a total net cash and investment position of $635 million, reflecting strong cash generation potential [32] - The effective tax rate is expected to be around 15% for fiscal 2021, with a long-term target of 18% [31] Q&A Session Summary Question: Future Revenue Levels - Management indicated that they expect to finish FY 2021 at $1.5 billion and anticipate similar revenue levels for FY 2022, with potential upside in the second half of FY 2022 due to ongoing chip shortages [41][42] Question: Sustainability of Gross Margins - Management believes that a gross margin of 47% is sustainable due to a favorable product mix and ongoing cost reduction efforts [46][47] Question: Demand and Capacity Outlook - Management acknowledged that current demand is strong and that the industry is still facing a shortage of equipment, which is expected to continue driving revenue [59][60] Question: Long-term Growth in Automotive and Advanced Packaging - Management highlighted significant growth opportunities in advanced packaging and automotive markets, projecting substantial revenue increases from these segments [70][71] Question: Share Buyback Strategy - Management is evaluating capital allocation strategies, including share repurchases, dividends, and investments in organic growth [88][90]

NASDAQ: KLIC Q3F21 Ended Jul 3, 2021 Quarterly Earnings Review August 5, 2021 Safe Harbor | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Data and Key Metrics Changes - The company generated revenue of $340.2 million in the March quarter, representing a 27% increase sequentially and over 125% increase year-over-year [21] - Non-GAAP operating margins improved to 26.4%, a 410 basis point increase from the December quarter [30] - Full fiscal year revenue guidance was raised to between $1.3 billion to $1.4 billion, significantly up from the previous guidance of $1.1 billion [26] Business Line Data and Key Metrics Changes - The APS segment increased by over 15% sequentially, driven by higher utilization of the installed base [21] - Capital equipment sales, which represent 85% of overall revenue, increased by 29% sequentially, with strong performance across all end markets [21] - Memory segment sales increased by over 60% sequentially, while LED sales increased nearly 60% [22][24] Market Data and Key Metrics Changes - China accounted for 61% of total sales, followed by Taiwan at 21% [48] - The automotive and industrial end markets saw the largest sequential growth, increasing 83% [22] - Lead times for wire bonders are currently about 10 months, primarily due to supply chain bottlenecks [38] Company Strategy and Development Direction - The company is focusing on expanding its core market reach and addressing increasing capital intensity needs within its served markets [12] - There is a strong emphasis on multi-chip applications, with expectations for significant growth in this area [14] - The company is actively engaged in the mini LED market, with expectations for continued adoption and growth [20] Management's Comments on Operating Environment and Future Outlook - Management highlighted strong demand drivers including 5G, IoT, and automotive transitions, which are expected to support long-term growth [27] - There is cautious optimism regarding supply chain constraints, with efforts to mitigate these challenges [25] - Management anticipates some volatility in transitional drivers but remains confident in the overall growth trajectory [64] Other Important Information - The company issued its fifth annual sustainability report, highlighting its commitment to ESG initiatives [7] - The company has recently won several qualifications at top OSATs, IDMs, and foundries, enhancing its competitive position [16] Q&A Session Summary Question: Health of end markets and lead times - Management indicated that utilization rates are currently very high, and they are monitoring for potential double bookings, which are not significant at this time [37] Question: Revenue guidance and supply chain visibility - Management explained the increase in revenue guidance is due to improved visibility, despite potential seasonality in Q4 [46] Question: Contribution of China to sales - China represented 61% of total sales for the quarter, indicating a strong market presence [48] Question: Advanced packaging products revenue targets - Management expects advanced packaging products to contribute an additional $40 million to $50 million in revenue in fiscal year 2022 [68]

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 April 3, 2021 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. 0-121 KULICKE AND SOFFA INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Pennsylvania 23-1498399 (State or other jurisdict ...

Revenue and Profitability - For the three months ended January 2, 2021, net revenue increased to $267.9 million, an 85.6% increase from $144.3 million for the same period in 2019[160] - Capital Equipment segment revenue was $223.1 million, representing 83.3% of total net revenue, an increase of 118.0% from $102.3 million in the prior year[161] - Aftermarket Products and Services (APS) segment revenue was $44.8 million, accounting for 16.7% of total net revenue, a 6.7% increase from $42.0 million in the prior year[161] - Gross profit for the three months ended January 2, 2021, was $121.5 million, a 72.7% increase from $70.4 million in the prior year[160] - The total gross profit margin decreased to 45.4% from 48.8% in the prior year, primarily due to a less favorable product mix in the Capital Equipment segment[165] - For the three months ended January 2, 2021, total income from operations increased to $54,042,000, a 302.9% increase from $40,628,000 in the prior year[168] - Capital Equipment segment income from operations rose to $44,895,000, reflecting a significant increase of 1,557.9% compared to $2,708,000 in the prior year[168] Cash and Investments - As of January 2, 2021, total cash, cash equivalents, and short-term investments were $576.7 million, a $46.5 million increase from the prior fiscal year end[152] - As of January 2, 2021, total cash, cash equivalents, and short-term investments amounted to $576,670,000, an increase of $46,543,000 from $530,127,000[179] - Net cash provided by operating activities was $58,635,000, significantly up from $25,028,000 in the prior year[180] Operating Expenses and Taxes - Operating expenses totaled $67,444,000, an increase of 18.4% from $56,950,000 in the prior year, driven by higher selling, general, and administrative expenses[171] - Interest income decreased to $651,000, down 77.1% from $2,839,000 in the prior year, primarily due to lower interest rates on cash and investments[175] - The provision for income taxes was $6,298,000, with an effective tax rate of 11.5%, down from 13.6% in the prior year[178] Shareholder Returns and Capital Expenditures - Dividends paid during the three months totaled $7,400,000, with a declared quarterly dividend of $0.14 per share[193] - The company expects fiscal 2021 capital expenditures to be between $32,000,000 and $36,000,000, with $3,700,000 incurred in the first quarter[187] - During the three months ended January 2, 2021, the company repurchased approximately 48,000 shares at a cost of $1,200,000, with remaining authorization of $140,900,000[192] Obligations and Credit Facilities - As of January 2, 2021, the total contractual obligations amounted to $434.9 million, with $372.5 million due within one year[197] - The company has a credit facility with Citibank of $5.0 million, with an outstanding amount of $3.5 million as of January 2, 2021[198] - The company has an overdraft line of credit facility of up to $150.0 million, with no outstanding amounts as of January 2, 2021[199] Foreign Exchange and Risk Management - A 10.0% fluctuation in foreign currency exchange rates could impact the financial position by $2.0 to $3.0 million[204] - The company has foreign exchange forward contracts with a notional amount of $30.1 million outstanding as of January 2, 2021[205] Management and Internal Controls - The company’s management evaluated the effectiveness of disclosure controls and procedures, concluding they were effective as of January 2, 2021[207] - No changes were identified during the three months ended January 2, 2021, that materially affected internal control over financial reporting[209] Legal Matters - The company is involved in ordinary litigation but does not expect any currently pending matters to materially affect its financial condition or operating results[211] Market Demand and Growth Outlook - Demand for products was consistent with or exceeded expectations for the first quarter of fiscal 2021, despite challenges in the supply chain[155] - The company anticipates long-term growth in semiconductor consumption, although short-term volatility may persist due to macroeconomic factors[147]

NASDAQ: KLIC A World of Opportunity Corporate Overview February 2021 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 February 3, 2021. 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 expectations concerning our business, a number ...

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Q1 2021 Results Earnings Conference Call February 4, 2021 8:30 AM ET Company Participants Joe Elgindy - Senior Director, Investor Relations and Strategic Planning Fusen Chen - President and Chief Executive Officer Lester Wong - Senior Vice President & Chief Financial Officer Conference Call Participants Tom Diffely - D.A. Davidson Krish Sankar - Cowen & Company Craig Ellis - B. Riley David Duley - Steelhead Securities Christian Schwab - Craig-Hallum Capital G ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended October 3, 2020 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. 0-121 KULICKE AND SOFFA INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Pennsylvania 23-1498399 (State or other jurisdiction of ...

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Q4 2020 Earnings Conference Call November 19, 2020 8:00 AM ET Company Participants Joe Elgindy - Senior Director, Investor Relations and Strategic Planning Fusen Chen - President and Chief Executive Officer Lester Wong - Chief Financial Officer Conference Call Participants Craig Ellis - B. Riley Tom Diffely - D.A. Davidson Krish Sankar - Cowen & Company David Duley - Steelhead Securities Christian Schwab - Craig-Hallum Capital Group Operator Greetings and wel ...

NASDAQ: KLIC A WORLD OF OPPORTUNITY Quarterly Update June Qtr 2020 | --- | --- | |-------------|-------| | | | | SAFE HARBOR | | 2 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|---------------------------------------------------|-------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | COMPANY & INDUSTRY POSITIONING MARKET LANDSCAPE | | | | | | | | | | | BENCHMARK | | | | | | | | | | --- | --- | --- | --- | ...