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 | | | | | | | | | | --- | --- | --- | --- | ...

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Q3 2020 Earnings Conference Call July 30, 2020 8:00 AM ET Company Participants Joe Elgindy – Senior Director-Investor Relations and Strategic Initiatives Fusen Chen – President and Chief Executive Officer Lester Wong – Chief Financial Officer Conference Call Participants Krish Sankar – Cowen & Company Tom Diffely – D.A. Davidson Carlin Lynch – B. Riley FBR Christian Schwab – Craig-Hallum Qiqi Shi – Fenghe Operator Hello, and welcome to the Kulicke and Soffa T ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION 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 incorporation) (IRS Employer Identification No.) 23A Serangoon North Avenue 5, #01-01 K&S Corporate Headquarters, Singapore 554369 (Address of principal executive off ...

Financial Data and Key Metrics Changes - Revenue for the quarter was $150.7 million, a sequential increase from the previous quarter [13] - Net income was $11.9 million, resulting in earnings per share of $0.19 [13][17] - Gross margin improved to 46%, generating $69.3 million in gross profit, better than expected [15][17] Business Line Data and Key Metrics Changes - Capital equipment segment revenue increased by 11%, driven by stronger demand for high-volume ball and wedge bonding systems [14] - The APS segment revenue decreased by approximately 11% sequentially due to lower customer utilization rates [14] - General semiconductor revenue increased by nearly $17 million, over 33% from the previous quarter [15] Market Data and Key Metrics Changes - Demand recovery was noted in China, while demand softened in regions like Europe and the U.S. due to social distancing practices [13][26] - The company anticipates ongoing demand improvement primarily from the general semiconductor and LED markets [16][32] - China accounted for approximately 63% of total sales for the quarter, with general semiconductor exposure at about 60% [53][58] Company Strategy and Development Direction - The company is focusing on long-term growth through new product introductions and expanding market reach [25][26] - There is a strong emphasis on maintaining operational resilience and adapting to supply chain challenges [12][24] - The company is optimistic about the adoption of new systems like Katalyst, APAMA, and PIXALUX, which are expected to drive future growth [27][48] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the recovery of memory demand and the automotive market, despite current challenges [38][40] - The company expects revenue for the June quarter to be between $140 million and $160 million, influenced by ongoing supply chain disruptions [32] - Management highlighted the importance of technology transitions in automotive and display markets as long-term growth drivers [33] Other Important Information - The company ended the quarter with a total net cash and investment position of $524.7 million [21] - Share repurchase activity increased significantly, with $18.5 million deployed to repurchase shares during the quarter [21][22] - Working capital slightly increased to $255.4 million, with days sales outstanding decreasing from 124 days to 119 days [23] Q&A Session Summary Question: Trends in memory and automotive markets - Management noted that memory prices are recovering, and they expect stronger revenue contributions in the coming months [38] - The automotive market is anticipated to recover gradually, with increasing demand for electric vehicles [40] Question: Guidance range and backlog strength - The guidance range was tightened due to increased confidence in supply chain stability, with backlog ending at $136 million [41][44] Question: Revenue expectations for new products - Expected revenue for PIXALUX is around $40 million for the calendar year, with stronger demand anticipated in fiscal 2021 [46][47] Question: Supply chain constraints - Supply chain disruptions are primarily due to shelter-in-place orders, impacting customer orders and deliveries [50][73] Question: Utilization rates and regional differences - Global utilization rates are close to 80%, with China above 90%, while Europe and the U.S. remain softer [60][70]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q 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 incorporation) (IRS Employer Identification No.) 23A Serangoon North Avenue 5, #01-01 K&S Corporate Headquarters, Singapore 554369 ...

NASDAQ: KLIC A WORLD OF OPPORTUNITY Quarterly Update March 2020 | --- | --- | |-------------|-------| | | | | SAFE HARBOR | | 2 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|---------------------------------------------------|-------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | COMPANY & INDUSTRY POSITIONING MARKET LANDSCAPE | | | | | | | | | | | BENCHMARK | | | | | | | | | WHO WE ARE NASDAQ: KLIC ESTA ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q 1934 For the quarterly period ended December 28, 2019 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 incorporation) (IRS Employer Identification No.) 23A Serangoon North Avenue ...

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Q1 2020 Results Earnings Conference Call January 30, 2020 8:00 AM ET Company Participants Joseph Elgindy - Director, IR & Strategic Planning Fusen Chen - President and Chief Executive Officer Lester Wong - CFO, General Counsel and Senior Vice President, Legal Affairs Conference Call Participants Tom Diffely - D.A. Davidson Krish Sankar - Cowen & Company David Duley - Steelhead Securities Peter Peng - B. Riley Christian Schwab - Craig-Hallum Operator Greetings ...

NASDAQ: KLIC A WORLD OF OPPORTUNITY Quarterly Update December 2019 | --- | --- | |--------------------------------------------------- ...