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Kulicke & Soffa(KLIC) - 2021 Q4 - Annual Report
2021-11-18 14:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended October 2, 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 juri ...
Kulicke and Soffa Industries (KLIC) Investor Presentation - Slideshow
2021-09-24 10:18
《Kulicke & Soffa。 1 1 Investor Day 2021 September 23, 2021 TechnoloyChange Extending market access, supporting profitability enhancements 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 September 23, 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 o ...
Kulicke & Soffa(KLIC) - 2021 Q3 - Quarterly Report
2021-08-06 10:07
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 July 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 jurisdicti ...
Kulicke & Soffa(KLIC) - 2021 Q3 - Earnings Call Transcript
2021-08-05 19:18
Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Q3 2021 Earnings Conference Call August 5, 2021 8:00 AM ET Company Participants Joseph Elgindy – Senior Director of Investor Relations 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 and Company David Duley – Steelhead Securities Charles Shi – Needham & Company Eric Gregg – FTIA Operator Greetings and welcome to the Kul ...
Kulicke & Soffa(KLIC) - 2021 Q3 - Earnings Call Presentation
2021-08-05 14:43
NASDAQ: KLIC Q3F21 Ended Jul 3, 2021 Quarterly Earnings Review August 5, 2021 Safe Harbor | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
Kulicke & Soffa(KLIC) - 2021 Q2 - Quarterly Report
2021-05-06 15:21
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 ...
Kulicke & Soffa(KLIC) - 2021 Q1 - Quarterly Report
2021-02-05 11:10
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]
Kulicke & Soffa(KLIC) - 2021 Q1 - Earnings Call Presentation
2021-02-04 19:27
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 & Soffa(KLIC) - 2021 Q1 - Earnings Call Transcript
2021-02-04 18:22
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 ...
Kulicke & Soffa(KLIC) - 2020 Q4 - Annual Report
2020-11-20 11:13
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 ...