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Kulicke & Soffa reports Q1 adjusted EPS 37c, consensus 28c

Kulicke & Soffa reports Q1 adjusted EPS 37c, consensus 28c

Reports Q1 revenue $166.1M, consensus $165M. Fusen Chen, Kulicke & Soffa’s President and Chief Executive Officer, stated, “As we anticipate core-market demand to gradually improve, we remain focused on delivering new systems and features within the Ball, Wedge, and Advanced Solutions segments. Over the coming quarters, we also expect ongoing market adoption of our unique Fluxless Thermo-Compression, Vertical Fan-Out, and emerging battery assembly solutions.”

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