Kulicke & Soffa reports Q2 non-GAAP EPS (52c)

Reports Q2 revenue $162.0M, consensus $165.1M. Cash, cash equivalents, and short-term investments were $581.5M as of March 29. Fusen Chen, Kulicke & Soffa’s President and CEO, stated, “We recently experienced more cautious order activity unique to certain Southeast Asia markets. Despite this near-term regional dynamic, we continue to support our global customer base, see positive core-market utilization data and remain well prepared to accelerate growth through Vertical Wire, Power-Semiconductor, Advanced Dispense and Thermo-Compression technology transitions.”