Revenue and Earnings Exceed Expectations
Kulicke & Soffa reported revenue of $148.4 million, exceeding guidance, with a non-GAAP earnings per share of $0.07.
Positive Market Outlook
The company anticipates a 15% sequential revenue increase in the September quarter to $170 million, with gross margins at 47%.
Advanced Dispense and Vertical Wire Growth
Plans to introduce new Advanced Dispense capabilities and ramp up production in vertical wire solutions in fiscal 2026, driven by technology transitions in memory markets.
Thermal Compression Bonding Progress
Robust progress in Fluxless Thermo-Compression solutions with an expected initial FTC system shipment by end of 2025, targeting a $60-$70 million revenue for TCB in 2025.