Recap: Kulicke & Soffa Indus Q1 Earnings

Kulicke & Soffa Indus (NASDAQ:KLIC) reported its Q1 earnings results on Wednesday, January 31, 2024 at 04:05 PM.…

Kulicke & Soffa Indus (NASDAQ:KLIC) reported its Q1 earnings results on Wednesday, January 31, 2024 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Kulicke & Soffa Indus beat estimated earnings by 15.38%, reporting an EPS of $0.3 versus an estimate of $0.26.

Revenue was down $5.04 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 4.73% increase in the share price the next day.

Here’s a look at Kulicke & Soffa Indus’s past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.43 0.32 0.26 0.24
EPS Actual 0.51 0.55 0.38 0.37
Revenue Estimate 200.16M 190.08M 171.01M 176.48M
Revenue Actual 202.32M 190.92M 173.02M 176.23M

To track all earnings releases for Kulicke & Soffa Indus visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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