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Kulicke & Soffa Inds Inc - KLIC STOCK NEWS

Welcome to our dedicated page for Kulicke & Soffa Inds news (Ticker: KLIC), a resource for investors and traders seeking the latest updates and insights on Kulicke & Soffa Inds stock.

Kulicke & Soffa Industries Inc (NASDAQ: KLIC) delivers essential semiconductor packaging solutions powering advanced electronics manufacturing worldwide. This dedicated news hub provides investors and industry professionals with centralized access to all official corporate announcements and market-moving developments.

Track critical updates including quarterly earnings, technology innovations, and strategic partnerships that shape KLIC's position in semiconductor equipment markets. Our curated feed ensures timely access to operational milestones, product launches, and leadership changes affecting the company's trajectory.

Key coverage areas include advancements in ball bonding systems, fluxless packaging solutions, and expansions of aftermarket services. Stay informed about developments impacting automotive electronics, AI hardware production, and next-generation chiplet integration technologies.

Bookmark this page for streamlined monitoring of KLIC's evolving role in enabling high-density semiconductor manufacturing. Return regularly to maintain current awareness of operational developments and market positioning within the dynamic electronics assembly sector.

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Kulicke and Soffa Industries, Inc. (KLIC) declares a quarterly dividend of $0.20 per share of common stock, payable on April 9, 2024. The dividend is authorized by the Board of Directors and will be distributed to shareholders of record as of March 25, 2024.
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Kulicke and Soffa Industries, Inc. (KLIC) reported first quarter net revenue of $171.2 million, net income of $9.3 million, and non-GAAP net income of $17.0 million. The company's gross margin was 46.7%, and it repurchased 0.6 million shares of common stock at a cost of $26.8 million. However, the financial results showed a decline in net revenue, gross margin, income from operations, and net income compared to the previous fiscal quarter and the same quarter of the previous year.
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Kulicke and Soffa Industries, Inc. (KLIC) has announced a conference call to discuss its first fiscal quarter 2024 financial results and business outlook on February 1, 2024. The call will be accessible via phone and webcast, with replays available for a limited time.
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Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) announced Q4 2023 financial results, reporting net revenue of $202.3 million, net income of $23.4 million, and EPS of $0.41 per fully diluted share. The company's President and CEO, Fusen Chen, highlighted improvements in the General Semiconductor and LED end markets. Fiscal Year 2023 Financial Highlights include net revenue of $742.5 million, gross margin of 48.3%, and net income of $57.1 million. The first quarter fiscal 2024 outlook expects net revenue of approximately $170.0 million. The company will hold a conference call on November 16, 2023, to discuss the results.
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Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) announced a 4th consecutive annual dividend raise, increasing the quarterly dividend by $0.01 to $0.20 per share. The company's consistent shareholder return strategy is highlighted, with the upcoming dividend payment set for January 9, 2024. President and CEO, Fusen Chen, emphasized the company's execution in key growth markets and strategic value creation. During fiscal year 2023, K&S returned a total of $111.2 million to investors through dividend and share repurchase activity, with the repurchase of 1.5 million shares of common stock representing nearly 2.6% of its ending fiscal 2023 share count.
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Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) has received multiple orders for its Thermocompression Bonding (TCB) solutions, primarily supporting Silicon Photonics (SiPh) based Co-Packaged Optics (CPO) applications deployed in high-bandwidth networking transceivers. The company anticipates a series of follow-on CPO orders to support aggressive capacity expansion plans throughout fiscal years 2024 and 2025. Kulicke & Soffa's high-performance advanced packaging solutions are an increasingly critical enabler for leading-edge scaling, allowing higher bandwidth networks, faster machine learning applications, and more advanced mobility features. The company has taken share in several key AI growth markets, including high-performance computing, CPO, and leading-edge heterogeneous integration applications. Demand for K&S TCB solutions has increased dramatically over recent years, and the Company's thermocompression revenue has grown at a 149% CAGR since 2020.
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Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) will hold a conference call on November 16, 2023, to discuss its fourth fiscal quarter 2023 financial results and business outlook. The financial results will be issued on November 15, 2023. Interested parties can access the call via phone or a live webcast. A replay will be available afterwards.
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Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) has been honored with the Outstanding Supplier Award from ASE Technology Holding Co., Ltd. for their exceptional performance and commitment in meeting rigorous production requirements. The award recognizes K&S's flexibility in satisfying urgent orders, efficiency in production, and delivery of competitive interconnect solutions through research and development.
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Kulicke and Soffa Industries declares quarterly dividend of $0.19 per share of common stock.
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Kulicke and Soffa Industries appoints Denise M. Dignam to its Board of Directors.
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Kulicke & Soffa Inds Inc

Nasdaq:KLIC

KLIC Rankings

KLIC Stock Data

1.55B
51.53M
3.4%
96.49%
6.12%
Semiconductor Equipment & Materials
Semiconductors & Related Devices
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