Published on 1 May 2024 on GuruFocus.com via Yahoo Finance
Kulicke & Soffa Industries Inc (KLIC) Faces Significant Q2 Losses, Deviating from Analyst ...
Revenue: Reported $172.1 million, slightly above estimates of $170.16 million.Net Loss: Reported a significant loss of $102.7 million, significantly below the estimated net income of $14.13 million.Earnings Per Share (EPS): Reported $(1.83), significantly below the estimated EPS of $0.24.Gross Margin: Dropped to 9.6%, reflecting a substantial decline from previous periods.Operating Margin: Reported at -(61.1)%, indicating a substantial decrease in profitability.Free Cash Flow: Adjusted free cash flow was negative at $(26.7) million, indicating challenges in cash generation.Stock Repurchase: Repurchased 0.8 million shares for $37.3 million, demonstrating ongoing return of capital to shareholders.
Warning! GuruFocus has detected 4 Warning Sign with KLIC.