Previous Close | 46.28 |
Open | 45.64 |
Bid | 44.20 x 100 |
Ask | 44.37 x 100 |
Day's Range | 44.27 - 45.91 |
52 Week Range | 40.20 - 60.20 |
Volume | |
Avg. Volume | 464,660 |
Market Cap | 2.499B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | 49.29 |
EPS (TTM) | 0.90 |
Earnings Date | May 02, 2024 |
Forward Dividend & Yield | 0.80 (1.80%) |
Ex-Dividend Date | Mar 22, 2024 |
1y Target Est | 57.75 |
Challenges Overshadow Operational Efforts Amidst Financial Turbulence
Kulicke and Soffa (KLIC) delivered earnings and revenue surprises of -495.83% and 1.22%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Semiconductor production equipment company Kulicke & Soffa (NASDAQ: KLIC) fell short of analysts' expectations in Q1 CY2024, with revenue flat year on year at $172.1 million. Next quarter's revenue guidance of $180 million also underwhelmed, coming in 11% below analysts' estimates. It made a non-GAAP loss of $0.95 per share, down from its profit of $0.38 per share in the same quarter last year.