Kulicke & Soffa Industries, Inc. (KLIC) reported second-quarter net income of $16.62 million or $0.22 per share compared to $39.89 million or $0.54 per share last year.
Total net revenue for the quarter fell year-over-year to $146.31 million from $206.73 million.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.15 per share on revenues of $132.50 million for the quarter. Analysts' estimates typically exclude special items.
Looking forward, the company expects net revenue for the third quarter of fiscal 2012 to be around $220 million to $240 million, reflecting the ongoing transition from gold to copper, strength across all its product lines, combined with an improvement in the broader semiconductor industry led by positive equipment inventory trends, capacity levels and end market growth drivers. Analysts anticipate revenues of $197.32 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.