Kulicke & Soffa Indus: Q2 Earnings Insights

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Kulicke & Soffa Indus KLIC reported its Q2 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

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

Earnings

Kulicke & Soffa Indus beat estimated earnings by 46.15%, reporting an EPS of $0.38 versus an estimate of $0.26.

Revenue was down $211.26 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 8.69% increase in the share price the next day.

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

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 0.24 0.98 1.59 1.47
EPS Actual 0.37 1.19 2.09 1.95
Revenue Estimate 176.48M 277.00M 367.25M 380.25M
Revenue Actual 176.23M 286.31M 372.14M 384.28M

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.

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