Kulicke & Soffa reports Q1 adjusted EPS 44c, consensus 33c

Reports Q1 revenue $199.6M, consensus $190.03M. Lester Wong, Kulicke & Soffa’s Interim Chief Executive Officer and Chief Financial Officer, stated, “As we continue preparing to support customers’ higher near-term capacity requirements, we remain committed to broadening our market reach in parallel. Our prior investments in Power Semiconductor, Advanced Dispense, and Advanced Packaging, both Vertical Wire and Fluxless Thermo-Compression, strategically position us to further expand our market access over the long-term.”