Kulicke and Soffa Industries Inc reports results for the quarter ended in June - Earnings Summary

Kulicke And Soffa Industries

09/08/2023 02:20

* Kulicke and Soffa Industries Inc  KLIC.OQ  reported
quarterly
adjusted earnings of 55 cents​​ per share for the quarter ended
in June. The mean expectation of five analysts for the quarter
was for earnings of 32 cents per share.
    * Revenue fell 48.7% to $190.92 million from a year ago;
analysts
expected $190.08 million. 
    * Kulicke and Soffa Industries Inc's reported EPS for the
quarter
was 7 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Kulicke and Soffa Industries Inc shares had fallen by 5.8%
this
quarter and gained 26.5% so far this year.
    * The company reported quarterly net income of $4.16
million.
    * Wall Street's median 12-month price target for Kulicke and
Soffa
Industries Inc is $53.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 01:20 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.32           0.55           Beat
 Mar. 31 2023      0.26           0.38           Beat
 Dec. 31 2022      0.24           0.37           Beat
 Sep. 30 2022      0.98           1.19           Beat