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Kulicke & Soffa Industries (KLIC) Fell as Results and Guidance Fell Short of Expectations
Yahoo Financeยท 2025-09-15 12:07
Group 1: Company Performance - TimesSquare Capital Management's "U.S. Small Cap Growth Strategy" reported a gross return of 11.28% and a net return of 11.02% for Q2 2025, underperforming the Russell 2000 Growth Index which returned 11.97% [1] - Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) had a one-month return of 5.52% but experienced a 52-week decline of 4.33%, with a closing stock price of $38.62 and a market capitalization of $2.014 billion as of September 12, 2025 [2] Group 2: Investment Strategy - TimesSquare Capital's U.S. Focus Growth Strategy expressed a preference for critical system providers and specialized component designers within the Information Technology sector, indicating a strategic exit from Kulicke and Soffa Industries, Inc. due to disappointing performance and lowered guidance [3] - Kulicke and Soffa Industries, Inc. was held by 28 hedge fund portfolios at the end of Q2 2025, an increase from 23 in the previous quarter, although it is not among the 30 most popular stocks among hedge funds [4]