Recap: Kulicke & Soffa Indus Q1 Earnings - Kulicke & Soffa Indus (NASDAQ:KLIC)

Kulicke & Soffa Indus KLIC reported its Q1 earnings results on Wednesday, January 31, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Kulicke & Soffa Indus beat estimated earnings by 15.38%, reporting an EPS of $0.3 versus an estimate of $0.26.

Revenue was down $5.04 million from the same period last year.

Last quarter the company beat on EPS by $0.08 which was followed by a 4.73% increase in the share price the next day.

Here's a look at Kulicke & Soffa Indus's past performance:

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	0.43	0.32	0.26	0.24
EPS Actual	0.51	0.55	0.38	0.37
Revenue Estimate	200.16M	190.08M	171.01M	176.48M
Revenue Actual	202.32M	190.92M	173.02M	176.23M

To track all earnings releases for Kulicke & Soffa Indus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.