Kulicke and Soffa Industries, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended December 29, 2018
January 31, 2019 at 05:00 pm EST
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Kulicke and Soffa Industries, Inc. announced unaudited consolidated earnings results for the first quarter ended December 29, 2018. For the quarter, the company reported net revenue of $157,208,000 compared to $213,691,000 a year ago. Income from operations was $14,555,000 compared to $39,159,000 a year ago. Net income was $7,517,000 compared to loss of $69,528,000 a year ago. Basic and diluted net income per share was $0.11 compared to loss of $0.99 a year ago.
Kulicke and Soffa Industries, Inc. specializes in developing semiconductor and electronics assembly solutions. It designs, develops, manufactures, and sells capital equipment, consumables and services used to assemble semiconductors and electronic devices, such as integrated circuits, power discrete, light-emitting diode (LEDs), advanced displays and sensors. The Company operates in four segments. Its Ball Bonding Equipment segment is in designs, development, manufacture, and sell of ball bonding equipment and wafer level bonding equipment. Its Wedge Bonding Equipment segment is in design, development, manufacture, and sale of wedge bonding equipment. The Company's Advanced Solutions is in design, development, manufacture, and sells advanced display, die-attach and thermocompression systems and solutions. Its aftermarket products and services segment is in the design, development, manufacture and sale of a variety of tools, spares and services for the Company's equipment.
KULICKE AND SOFFA INDUSTRIES, INC. 
