Kulicke & Soffa's stock surged 8.91% in after-hours trading on Wednesday, following the release of the company's fiscal first quarter 2026 financial results.
The semiconductor assembly equipment maker reported quarterly adjusted earnings of $0.44 per share, beating analyst consensus estimates of $0.33 by 32.93%. Revenue for the quarter reached $199.625 million, exceeding expectations of $190.040 million by 5.04%. This represents significant year-over-year growth, with earnings increasing 18.92% and revenue rising 20.17% compared to the same period last year.
The company also provided an optimistic outlook for the second quarter, projecting revenue of approximately $230 million and adjusted earnings per share of around $0.67. Management attributed the strong performance to strategic investments in Power Semiconductor, Advanced Dispense, and Advanced Packaging technologies, positioning the company for continued growth in key semiconductor markets.
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