Previous Close | 0.7700 |
Open | 0.7700 |
Bid | 0.6500 |
Ask | 0.7500 |
Strike | 40.00 |
Expire Date | 2024-07-19 |
Day's Range | 0.7700 - 0.7700 |
Contract Range | N/A |
Volume | |
Open Interest | 15 |
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.