Kulicke & Soffa Reports Fourth Quarter 2025 Results

Core Insights - Kulicke and Soffa Industries, Inc. reported fourth quarter fiscal 2025 net revenue of $177.6 million, a decrease from $181.3 million in the same quarter of fiscal 2024, and net income of $6.4 million, down from $12.1 million year-over-year [1][9] - The company anticipates first quarter fiscal 2026 net revenue to be approximately $190 million, with GAAP diluted EPS expected around $0.18 and non-GAAP diluted EPS around $0.33 [2][17] Financial Highlights - Fourth Quarter Fiscal 2025 Results: - Net revenue: $177.6 million, down from $181.3 million in Q4 2024 [1] - GAAP diluted EPS: $0.12, compared to $0.22 in Q4 2024 [1] - Non-GAAP diluted EPS: $0.28, down from $0.34 in Q4 2024 [1] - Fiscal Year 2025 Overview: - Total net revenue for the fiscal year was $654.1 million, with a gross margin of 42.5% [9] - Net income for the fiscal year was $0.2 million, or $0.004 per fully diluted share [9] Operational Insights - The company is focusing on multiple technology engagements and is optimistic about improving end market dynamics and order activity [2] - Global operations and supply chain teams are preparing for increased customer demand in the upcoming quarters [2] Cash Flow and Share Repurchase - GAAP cash flow from operations for Q4 2025 was $7.4 million, with adjusted free cash flow of $4.4 million [9] - The company repurchased 0.5 million shares of common stock at a cost of $16.7 million during the quarter [9] Future Outlook - The company expects first quarter fiscal 2026 net revenue to be approximately $190 million, with a variance of +/- $10 million [2][17] - GAAP diluted EPS is projected to be around $0.18, while non-GAAP diluted EPS is expected to be approximately $0.33 [2][17]