Financial Data and Key Metrics Changes - Revenue for Q4 2025 was $177.6 million, with GAAP earnings per share of $0.12 and non-GAAP earnings per share of $0.28 [8][15] - Gross margins were reported at 45.7%, with total operating expenses at $80.3 million on a GAAP basis and just below $70 million on a non-GAAP basis [15][16] - For the upcoming December quarter, revenue is expected to increase by approximately 7% sequentially to $190 million, with gross margins projected at 47% [16] Business Line Data and Key Metrics Changes - General semiconductor revenue increased by 24% sequentially, with utilization rates over 80% [9] - Memory-related revenue increased by nearly 60% sequentially to $24.4 million, driven by NAND-related capacity additions [9] - Advanced packaging solutions saw a 17% sequential increase in APS, indicating improved production activity [10] Market Data and Key Metrics Changes - Utilization rates for general semiconductor and memory applications are improving, with memory utilization at approximately 82%-83% [40] - The automotive and industrial markets are expected to show sequential improvement in the December quarter, despite previous headwinds [10][66] - China’s utilization rates are close to 90%, indicating strong demand in that region [40][58] Company Strategy and Development Direction - The company is focused on expanding its market presence in advanced packaging, advanced dispense, and power semiconductor opportunities [14][18] - There is a commitment to innovation and customer engagement, particularly in response to the rise of chiplet architectures and heterogeneous integration [6][7] - The company anticipates that half of its incremental growth in fiscal 2026 will stem from technology transitions and share gains in new markets [17] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about improving end market dynamics and the potential for growth in fiscal 2026 [10][17] - The company is preparing for higher production levels and is confident in its operational efficiencies to navigate the current macro environment [17][18] - Management noted that the automotive and industrial markets are expected to recover, driven by technology transitions in power semiconductors [66] Other Important Information - The company repurchased $16.7 million worth of shares during the September quarter, totaling 2.4 million shares for the fiscal year [16] - The transition in leadership with Lester Wong as Interim CEO is expected to be seamless, maintaining strategic focus and operational stability [5][6] Q&A Session Summary Question: Guidance on segment growth for general semi, memory, and auto-industrial - Management indicated strong growth in general semi and memory, with expectations for sequential growth in auto-industrial as well [22][24] Question: Status of FTC plasma solution and competition - Management stated that they remain competitive in high-volume production and continue to feel strong about their FTC solution [25][26] Question: Details on HBM system shipment - The shipment is to a customer in the U.S., with the next milestone being system installation and qualification [31][32] Question: Insights into NAND market - Management reported high utilization rates in the NAND market, particularly in China, with increasing purchase orders [40] Question: Expectations for unit growth in general semi market - Management predicts unit growth of approximately 5%-7% for 2026, supported by high utilization rates [58] Question: Dynamics in the memory market - Management noted that memory utilization is high and sales are increasing, indicating a ramp in memory that will continue into FY 2026 [64]

Financial Data and Key Metrics Changes - Revenue for Q4 2025 was $177.6 million, with GAAP earnings per share of $0.12 and non-GAAP earnings per share of $0.28, reflecting a focus on operational efficiency [7][14] - Gross margins were reported at 45.7%, with total operating expenses at $80.3 million on a GAAP basis and just below $70 million on a non-GAAP basis [14] - For the upcoming December quarter, revenue is expected to increase by approximately 7% sequentially to $190 million, with gross margins projected at 47% [15] Business Line Data and Key Metrics Changes - General semiconductor revenue increased by 24% sequentially, driven by technology and capacity needs, with utilization rates over 80% [8] - Memory-related revenue increased by nearly 60% sequentially to $24.4 million, primarily due to NAND-related capacity additions [8] - Advanced packaging solutions (APS) increased by 17% sequentially, indicating improved production activity across the high-volume install base [9] Market Data and Key Metrics Changes - Utilization rates for general semiconductor and memory applications are improving, with memory utilization rates reported at 82-83% [34] - The automotive and industrial markets are showing early signs of improvement, with expectations for sequential growth in Q1 2026 [9][52] - China’s utilization rates are close to 90%, indicating strong demand in the region [34] Company Strategy and Development Direction - The company is focused on expanding its market presence in advanced packaging, advanced dispense, and power semiconductor opportunities [13][16] - There is a commitment to innovation and customer engagement, with preparations for higher production levels in response to improving end market dynamics [6][9] - The company anticipates that half of its incremental growth in fiscal 2026 will stem from technology transitions and share gains in new markets [16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery in end markets, particularly in general semiconductor and memory, while acknowledging ongoing challenges in automotive and industrial sectors [9][52] - The company is preparing for a production ramp through fiscal 2026, particularly in advanced heterogeneous logic applications [10] - Management remains cautiously optimistic about the outlook, citing ongoing improvements in utilization rates and customer engagement [13][16] Other Important Information - The company has initiated a share repurchase program, deploying $16.7 million to repurchase 464,000 shares during the September quarter [15] - Organizational changes were announced, with Lester Wong taking over as Interim CEO following Fusen Chen's retirement [4][5] Q&A Session Summary Question: Guidance on segment growth for general semi, memory, and auto-industrial - Management indicated strong growth in general semi and memory, with expectations for sequential growth in auto-industrial as well [20][21] Question: Status of FTC plasma solution and competition - Management confirmed they remain competitive in the foundry space with their FTC solution, which offers customers more options [22][23] Question: Details on HBM system shipment - The first HBM system is being shipped to a customer in the U.S. for qualification, targeting the 4E generation [27][29] Question: Insights into NAND market strength - High utilization rates in memory, particularly in China, are driving improvements in the NAND market [34] Question: Dynamics in the memory market and recovery trajectory - Management noted high memory utilization and sales, indicating a ramp in memory that is expected to continue into FY2026 [50][51] Question: Outlook for automotive and industrial markets - Management expressed optimism for sequential growth in auto-industrial revenue, driven by technology transitions in power semiconductors [52]

Financial Data and Key Metrics Changes - Revenue for Q4 2025 was $177.6 million, with GAAP earnings per share of $0.12 and non-GAAP earnings per share of $0.28, reflecting a focus on operational efficiency [8][14] - Gross margins were reported at 45.7%, with total operating expenses at $80.3 million on a GAAP basis and just below $70 million on a non-GAAP basis [14][15] - For the upcoming December quarter, revenue is expected to increase by approximately 7% sequentially to $190 million, with gross margins projected at 47% [15] Business Line Data and Key Metrics Changes - General semiconductor revenue increased by 24% sequentially, driven by technology and capacity needs, with utilization rates over 80% [9] - Memory-related revenue increased by nearly 60% sequentially to $24.4 million, primarily due to NAND-related capacity additions [9] - Advanced packaging solutions saw a 17% sequential increase in APS, indicating improved production activity across the high-volume install base [10] Market Data and Key Metrics Changes - Utilization rates for general semiconductor and memory applications are improving, with general semiconductor utilization over 80% and memory utilization around 82-83% [9][25] - The automotive and industrial markets are showing early signs of improvement, with expectations for sequential growth in the upcoming quarters [10][34] - China’s utilization rates are close to 90%, indicating strong demand in the region [25] Company Strategy and Development Direction - The company is focused on advancing its technology in areas such as thermal compression, vertical wire, and advanced dispense, aiming to capture market share in high-potential technologies [5][10] - The transition to advanced packaging techniques is seen as crucial for supporting power efficiency and performance improvements [12] - The company anticipates that half of its incremental growth in fiscal 2026 will stem from technology transitions and share gains in new markets, with the other half from cyclical recovery [16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about improving end market dynamics and strong traction in advanced packaging and power semiconductor opportunities [10][16] - The company is preparing for higher production levels while continuing to drive technology transitions [6][10] - Management noted that the automotive market, while previously soft, is expected to show sequential improvement in fiscal 2026 [10][34] Other Important Information - The company repurchased $16.7 million worth of shares during the September quarter, totaling 2.4 million shares for the fiscal year [15] - The transition in leadership with Lester Wong as Interim CEO is expected to be seamless, maintaining strategic focus and continuity [4][5] Q&A Session Summary Question: Guidance on segment growth for general semi, memory, and auto-industrial - Management confirmed strong growth in general semi and memory, with expectations for sequential growth in auto-industrial as well [18][19] Question: Status of FTC plasma solution and competition - Management stated they remain competitive in high-volume production and continue to feel strong about their FTC solution [19][20] Question: Details on HBM system shipment - The first HBM system is being shipped to a customer in the U.S. for qualification, with expectations for future updates post-installation [22][23] Question: Growth expectations for fiscal 2026 - Management is comfortable with consensus revenue expectations around $730 million to $740 million, with growth driven by technology transitions and cyclical recovery [24] Question: Insights into the NAND market - High utilization rates in memory, particularly in China, are driving improvements, with expectations for continued order increases [25] Question: Dynamics in the memory market - Management indicated that memory utilization is high and sales are increasing, signaling a ramp in memory recovery into FY2026 [32] Question: Outlook for automotive and industrial markets - Management expressed optimism for sequential growth in auto-industrial revenue, particularly in Southeast Asia and China [34]

Core Viewpoint - Kulicke and Soffa Industries, Inc. is set to announce its fourth fiscal quarter 2025 financial results on November 19, 2025, followed by a conference call on November 20, 2025, to discuss the results and business outlook [1]. Group 1 - The conference call will take place at 8:00 am ET on November 20, 2025 [1]. - Financial results for the fourth fiscal quarter 2025 will be released on November 19, 2025, at approximately 4:00 pm ET [1]. - Interested parties can access the conference call via a toll-free number or through a live webcast available at investor.kns.com [2]. Group 2 - Kulicke and Soffa is recognized as a global leader in semiconductor assembly technology, serving various markets including automotive, compute, industrial, memory, and communications [3]. - The company was founded in 1951 and focuses on innovation to address dynamic process challenges, aiming to create long-term value by aligning technology with market opportunities [3].

Core Points - Dr. Fusen Chen will retire as President and CEO of Kulicke and Soffa Industries, effective December 1, 2025, due to health reasons, and will serve as an advisor for 12 months post-retirement [1][3] - Lester Wong has been appointed as Interim CEO while continuing his roles as Executive Vice President, Finance and IT, and Chief Financial Officer [2][3] - The Board of Directors has initiated a search for a permanent CEO, considering both internal and external candidates [1][3] Company Leadership Transition - Dr. Chen's leadership over nine years has been marked by innovation and operational excellence, contributing to the company's growth and shareholder value [3] - Lester Wong's experience as CFO and his instrumental role in the company's success position him well to lead during this transitional period [3][5] - The Board emphasizes a collaborative approach to ensure continuity and strategic focus during this leadership change [3] Financial Outlook - Kulicke and Soffa reaffirmed its fourth quarter fiscal 2025 outlook, with financial results to be announced on November 19, 2025 [4] Company Background - Kulicke and Soffa is a leader in semiconductor assembly technology, focusing on automotive, compute, industrial, memory, and communications markets [7] - The company has a history of innovation since its founding in 1951, positioning itself to address dynamic process challenges and create long-term value [7]

Financial Data and Key Metrics Changes - The company reported revenue of $148.4 million for the quarter, with a GAAP loss per share of $0.06 and non-GAAP earnings per share of $0.07 [5][16] - Gross margin was reported at 46.7%, with total operating expenses at $75.3 million on a GAAP basis and $68 million on a non-GAAP basis [16] - The company anticipates a sequential revenue increase of approximately 15% to $170 million for the next quarter, with gross margins expected to be around 47% [18] Business Line Data and Key Metrics Changes - The automotive and industrial markets experienced order hesitation, impacting revenue, but the company remains optimistic about long-term growth opportunities in these sectors [6][7] - There was strong sequential demand increase in the memory sector, driven by improving conditions and emerging packaging formats [9] - The company is focusing on advanced dispense, vertical wire, and thermal compression bonding technologies to capture market share in high-power semiconductor applications [10][11][12] Market Data and Key Metrics Changes - Overall utilization rates are reported at approximately 81%, with general semiconductor utilization at around 83% and memory at about 80% [33] - The automotive sector's utilization remains below 70%, indicating ongoing challenges in that market [33] - The company expects the EV charging infrastructure market to exceed a 20% CAGR over the next five years, indicating strong growth potential [7] Company Strategy and Development Direction - The company is focused on extending market access through technology transitions and is cautiously optimistic about gradual core market improvements [4][5] - There is an emphasis on driving share gain and expanding reach into DRAM applications with new packaging capabilities [9] - The company plans to introduce new advanced dispense capabilities at Semicon Taiwan, indicating a commitment to innovation and product development [10] Management's Comments on Operating Environment and Future Outlook - Management acknowledges uncertainty in global trade affecting near-term visibility but remains confident in the long-term growth potential driven by technology transitions [5][6] - The company expects automotive headwinds to persist but anticipates a gradual recovery in the semiconductor market overall [19] - Management is optimistic about the upcoming quarters, citing improvements in regional utilization and pricing dynamics [18][19] Other Important Information - The company has repurchased approximately 668,000 shares, representing 1.3% of diluted shares, as part of its strategy to enhance shareholder value [17] - The company has deployed over $270 million in dividend payments and share repurchases over the past seven quarters [17] Q&A Session Summary Question: Revenue guidance for December - Management indicated that December revenues are expected to be flattish, based on high utilization rates and increased order intake [42][45] Question: Impact of Intel's CapEx cuts - Management acknowledged that while revenue compared to the previous year may be down, engagements with customers remain healthy [26][28] Question: Utilization rates and growth drivers - Overall utilization rates are about 81%, with general semiconductor and memory markets showing the highest growth [33][34] Question: Thermal compression business potential - The company targets significant growth in the thermal compression market, projecting a market size of $1 billion by 2028 [35][36] Question: Market share gain strategies - The company plans to gain market share through products like clip attach and pin welder, focusing on high-power semiconductor applications [56][57]

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 Viewpoint - Kulicke and Soffa Industries, Inc. is set to announce its second fiscal quarter 2025 financial results on May 6, 2025, with a conference call scheduled for May 7, 2025, to discuss these results and the company's business outlook [1][2]. Group 1: Financial Results Announcement - The company will release its second fiscal quarter 2025 financial results on the evening of May 6, 2025, at approximately 4:00 pm ET [2]. - A conference call to discuss the financial results and business outlook is scheduled for May 7, 2025, at 8:00 am ET [1]. Group 2: Accessing the Conference Call - Interested parties can access the conference call by calling +1-877-407-8037 or internationally +1-201-689-8037 [2]. - A live webcast and replay of the conference call will be available at investor.kns.com [2]. Group 3: Replay Information - A replay of the conference call will be available approximately one hour after the call's completion until May 14, 2025, by calling +1-877-660-6853 or internationally +1-201-612-7415, using the replay ID number 13750874 [3]. Group 4: Company Overview - Kulicke and Soffa is a global leader in semiconductor assembly technology, focusing on enhancing device performance across various markets including automotive, compute, industrial, memory, and communications [4]. - Founded in 1951, the company is positioned to address dynamic process challenges and create long-term value by aligning technology with market opportunities [4].