Kulicke & Soffa Industries, Inc. ( (KLIC) ) has released its Q2 earnings. Here is a breakdown of the information Kulicke & Soffa Industries, Inc. presented to its investors.
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Kulicke & Soffa Industries, Inc. is a global leader in semiconductor assembly technology, providing innovative solutions across various markets including automotive, compute, industrial, memory, and communications. Founded in 1951, the company is known for its ability to address dynamic process challenges and align technology with market opportunities.
In its latest earnings report for the second fiscal quarter of 2025, Kulicke & Soffa Industries, Inc. reported a net revenue of $162.0 million, alongside a net loss of $84.5 million, which translates to an earnings per share (EPS) of $(1.59). The company also announced a non-GAAP net loss of $27.9 million, with a non-GAAP EPS of $(0.52). A significant development during this period was the board’s decision to cease its Electronics Assembly equipment business, incurring pre-tax charges of approximately $86.6 million.
The company’s financial performance showed a decline in net revenue by 5.9% compared to the same quarter last year and a 2.5% decrease from the previous quarter. Despite these challenges, the gross margin improved by 1530 basis points year-over-year to 24.9%. The company also generated a GAAP cash flow from operations of $79.9 million and maintained cash, cash equivalents, and short-term investments totaling $581.5 million as of the end of the quarter.
Looking ahead, Kulicke & Soffa Industries, Inc. anticipates third-quarter net revenue to be approximately $145 million, with a GAAP diluted EPS of approximately $(0.09) and a non-GAAP diluted EPS of $0.05. The company remains focused on supporting its global customer base and is prepared to accelerate growth through advancements in Vertical Wire, Power-Semiconductor, Advanced Dispense, and Thermo-Compression technologies.
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