Kulicke and Soffa Industries, Inc. reported earnings results for the third quarter and nine months ended June 29, 2024. For the third quarter, the company reported sales was USD 181.65 million compared to USD 190.92 million a year ago. Net income was USD 12.26 million compared to USD 4.16 million a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to USD 0.07 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to USD 0.07 a year ago.
For the nine months, sales was USD 524.91 million compared to USD 540.17 million a year ago. Net loss was USD 81.12 million compared to net income of USD 33.79 million a year ago. Basic loss per share from continuing operations was USD 1.45 compared to basic earnings per share from continuing operations of USD 0.6 a year ago. Diluted loss per share from continuing operations was USD 1.45 compared to diluted earnings per share from continuing operations of USD 0.59 a year ago.