Singapore's Kulicke and Soffa beats Q1 revenue expectations

Reuters05:13
Singapore's Kulicke and Soffa beats Q1 revenue expectations

Overview

  • Semiconductor assembly firm's fiscal Q1 revenue beat analysts' expectations

  • Adjusted EPS exceeded analysts' expectations

  • Company repurchased 0.2 mln shares at a cost of $6.7 mln

Outlook

  • Kulicke and Soffa expects Q2 2026 net revenue of $230 mln +/- $10 mln

  • Company projects Q2 2026 GAAP diluted EPS of $0.53 +/- 10%

  • Kulicke and Soffa anticipates Q2 2026 non-GAAP diluted EPS of $0.67 +/- 10%

Result Drivers

  • STRATEGIC INVESTMENTS - Co attributes Q1 performance to investments in Power Semiconductor, Advanced Dispense, and Advanced Packaging technologies

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 Revenue

Beat

$199.63 mln

$190.04 mln (3 Analysts)

Q1 Adjusted EPS

Beat

$0.44

$0.33 (3 Analysts)

Q1 EPS

$0.32

Q1 Adjusted Net Income

Beat

$23.14 mln

$17.35 mln (2 Analysts)

Q1 Net Income

$16.8 mln

Q1 Gross Margin

49.60%

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"

  • Wall Street's median 12-month price target for Kulicke and Soffa Industries Inc is $53.00, about 7.3% below its February 3 closing price of $57.20

  • The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 30 three months ago

Press Release: ID:nPnc4zsTYa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment