The earnings call highlighted strong performance in advanced packaging and thermal compression technologies, along with positive steps in share repurchase programs. However, the company faces challenges in the general semiconductor market due to capacity digestion and global dynamics affecting customer investment decisions. Despite these challenges, there is optimism for growth in the second half of fiscal 2025.
Company Guidance
During the Kulicke & Soffa Q1 2025 earnings call, the company provided guidance and key metrics for the upcoming quarters. They reported $166.1 million in revenue for the December quarter, with a 52.4% gross margin and a non-GAAP EPS of $0.37. The company expects March quarter revenue to be approximately $165 million, plus or minus $10 million, with a gross margin of 47% and a non-GAAP EPS of $0.19. Kulicke & Soffa anticipates a broader cyclical recovery in their core markets, including ball and wedge bonding, driven by improvements in the general semiconductor and automotive sectors. They project the advanced packaging market revenue, including thermal compression bonding (TCP), to grow significantly, aiming for $275 to $300 million in 2025. The company also sees a compound annual growth rate (CAGR) of 20% to 25% for the overall TCP market, with frictionless thermal compression (FTC) expected to grow even faster. They remain focused on expanding their TCP portfolio and securing leadership positions in emerging semiconductor technologies.
Revenue and Gross Margin
For the December quarter, Kulicke & Soffa delivered $166.1 million in revenue with a strong 52.4% gross margin. This was partially due to revenue recognized for systems shipped in prior periods.
Advanced Packaging and Thermal Compression Progress
The company shipped its latest Flexlex thermal compression system in the new dual-head configuration to a key foundry customer, which provides nearly twice the throughput as the existing system. They anticipate the revenue for TCP in calendar year 2024 to exceed $300 million with a 20% to 25% compound annual growth rate.
Share Repurchase Program
Kulicke & Soffa completed their previous share repurchase program and began a new $300 million repurchase program, reducing shares outstanding by nearly 800,000 shares in the first quarter.
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Kulicke & Soffa (KLIC) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KLIC Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 04, 2025
$43.40
$43.39
-0.02%
Nov 13, 2024
$46.85
$45.42
-3.05%
Aug 07, 2024
$39.25
$40.49
+3.16%
May 01, 2024
$43.77
$45.41
+3.75%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Kulicke & Soffa (KLIC) report earnings?
Kulicke & Soffa (KLIC) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Kulicke & Soffa (KLIC) earnings time?
Kulicke & Soffa (KLIC) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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