By Kelly Cloonan
Shares of Kulicke & Soffa Industries rose after its outlook for the current quarter topped analyst forecasts as it expects increased demand.
The stock climbed 14% to $40.40 on Wednesday in after-hours trading. Shares are down 24% this year through market close.
The semiconductor assembly technology company on Wednesday forecast adjusted earnings per share of about 33 cents on revenue of $190 million, give or take $10 million, for the fiscal first quarter.
Analysts polled by FactSet project adjusted earnings of 23 cents a share and revenue of $168.8 million.
Lester Wong, the company's interim chief executive and finance chief, said the company is increasingly encouraged by improving end market trends and order activity.
"Our global operations and supply chain teams are preparing for increased customer demand over the coming quarters," Wong said.
The outlook came after adjusted earnings and revenue beat Wall Street's expectations in the company's latest quarter.
The company posted a fiscal fourth-quarter profit of $6.4 million, or 12 cents a share, compared with $12.1 million, or 22 cents a share, a year earlier.
Adjusted earnings per share were 28 cents, ahead of estimates of 22 cents a share, according to analysts polled by FactSet.
Revenue fell to $177.6 million compared with $181.3 million a year ago. Analysts expected $170 million.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
November 19, 2025 18:18 ET (23:18 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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