Kulicke and Soffa Q4 Earnings Miss Estimates, Revenues Decrease Y/Y

Zacks11-16

Kulicke and Soffa Industries KLIC reported fourth-quarter fiscal 2024 non-GAAP earnings of 34 cents per share, which missed the Zacks Consensus Estimate by 5.56%. The bottom line dropped 33.3% year ...

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The bottom line dropped 33.3% year ...</p>\n\n<a href=\"https://finance.yahoo.com/news/kulicke-soffa-q4-earnings-miss-165600122.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Kulicke and Soffa Q4 Earnings Miss Estimates, Revenues Decrease Y/Y</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKulicke and Soffa Q4 Earnings Miss Estimates, Revenues Decrease Y/Y\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-16 00:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/kulicke-soffa-q4-earnings-miss-165600122.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Kulicke and Soffa Industries KLIC reported fourth-quarter fiscal 2024 non-GAAP earnings of 34 cents per share, which missed the Zacks Consensus Estimate by 5.56%. The bottom line dropped 33.3% year ...</p>\n\n<a href=\"https://finance.yahoo.com/news/kulicke-soffa-q4-earnings-miss-165600122.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVDA","symbol_name":"英伟达","start_time":0,"source_url":"https://finance.yahoo.com/news/kulicke-soffa-q4-earnings-miss-165600122.html","article_id":"2483857395","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/zJj_XlEeJlc8mNWcXMo3jA--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/e1b1ba2aabc29bcae321c041d8df54e2"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483857395","pubTimestamp":1731689760,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Kulicke and Soffa Industries KLIC reported fourth-quarter fiscal 2024 non-GAAP earnings of 34 cents per share, which missed the Zacks Consensus Estimate by 5.56%. The bottom line dropped 33.3% year over year.KLIC’s earnings lagged the Zacks Consensus Estimate in two of the trailing four quarters, beating in the remaining two, the average negative earnings surprise being 117.34%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues declined 10.4% year over year to $181.3 million but surpassed the consensus estimate by 0.73%.Kulicke and Soffa’s stock has declined 16.6% against the Zacks Computer and Technology sector’s rise of 29.3% in the year-to-date period. Shares were unchanged in after-hours trading following the results.Kulicke and Soffa Industries, Inc. Price, Consensus and EPS Surprise. Kulicke and Soffa Industries, Inc. price-consensus-eps-surprise-chart | Kulicke and Soffa Industries, Inc. Quote. For first-quarter fiscal 2025, net revenues are expected","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NVDA":"英伟达","KLIC":"库力索法半导体","DELL":"戴尔","WDAY":"Workday"},"translate_title":"Kulicke和Soffa第四季度盈利未达预期，收入同比下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DELL":0.9,"KLIC":0.9,"NVDA":0.9,"WDAY":0.9},"content_text":"Kulicke and Soffa Industries KLIC reported fourth-quarter fiscal 2024 non-GAAP earnings of 34 cents per share, which missed the Zacks Consensus Estimate by 5.56%. The bottom line dropped 33.3% year over year.KLIC’s earnings lagged the Zacks Consensus Estimate in two of the trailing four quarters, beating in the remaining two, the average negative earnings surprise being 117.34%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues declined 10.4% year over year to $181.3 million but surpassed the consensus estimate by 0.73%.Kulicke and Soffa’s stock has declined 16.6% against the Zacks Computer and Technology sector’s rise of 29.3% in the year-to-date period. Shares were unchanged in after-hours trading following the results.\n\nKulicke and Soffa Industries, Inc. Price, Consensus and EPS Surprise\n  \nKulicke and Soffa Industries, Inc. price-consensus-eps-surprise-chart | Kulicke and Soffa Industries, Inc. Quote\n\nKLIC’s End-Market Details\nIn terms of end-market, revenues from General Semiconductor grew 11% sequentially (excluding contributions from the TCB business) to $84 million.Revenues from the Automotive and Industrial segment rose 42.3% year over year to $37 million.LED revenues were weak in the reported quarter, achieving only $2 million due to challenges in the traditional wire bonded and high-bright lighting market. Despite the decline, the company remains committed to promoting the adoption of its Luminex system — a laser-based mini-LED placement technology.The Memory segment has grown significantly year over year to $19 million from $2 million.The APS segment reached $40 million in the reported quarter, reflecting a 2.4% decline from $41 million in the prior-year period.\nKulicke and Soffa’s Operating Details\nIn the fourth quarter of fiscal 2024, the gross margin expanded by 100 basis points (bps) year over year to $87.7 million, which was 48.3% of net revenues.Operating expenses rose 11.3% year over year to $85 million due to 14.1% growth in selling, general and administrative expenses, and a 3% increase in research and development expenses.Non-GAAP operating income declined 51.7% year over year to $12.7 million, whereas the operating margin contracted by 600 bps to 7%.\nKLIC’s Balance Sheet & Cash Flow\nAs of Sept. 28, 2023, Kulicke and Soffa’s cash, cash equivalents and short-term investments were $577.1 million.The cash flow from operating activities was $31.6 million compared with $26.9 million in the previous quarter.The adjusted free cash flow was $29.2 million against the free cash outflow of $24.2 million in the previous quarter.The company repurchased 1 million shares of its common stock for $42.7 million.\nKLIC’s Q1 Guidance\nFor first-quarter fiscal 2025, net revenues are expected to be $165 million (+/- $10 million).The company anticipates non-GAAP operating expenses to rise to $70.5 million (+/-2%).Non-GAAP earnings are anticipated to be 28 cents per share (+/-10%). The Zacks Consensus Estimate is pegged at 37 cents per share, unchanged over the past 30 days.\nZacks Rank & Stocks to Watch\nKulicke & Soffa currently carries a Zacks Rank #3 (Hold).NVIDIA NVDA, Dell Technologies DELL and Workday WDAY are some better-ranked stocks that investors can consider in the broader sector.NVIDIA sports a Zacks Rank #1 (Strong Buy), and Dell Technologies and Workday carry a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.NVIDIA’s shares have jumped 196.3% year to date. NVDA is set to report third-quarter fiscal 2025 results on Nov. 20.Dell Technologies’ shares have gained 75.8% year to date. DELL is set to report its third-quarter fiscal 2025 results on Nov. 26.Workday’s shares have lost 1.7% year to date. WDAY is set to report its third-quarter fiscal 2025 results on Nov. 26.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nDell Technologies Inc. (DELL) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nWorkday, Inc. (WDAY) : Free Stock Analysis Report\nKulicke and Soffa Industries, Inc. (KLIC) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483857395"}