Kulicke And Soffa Industries Q3 Profit Climbs

Kulicke and Soffa Industries Inc. (KLIC) reported that its third-quarter net income climbed to $113.77 million or $1.79 per share, from $11.15 million or $0.18 per share in the prior year.

Non-GAAP net income was $118.8 million or $1.87 per share.

Net revenue grew to $424.32 million, from $150.45 million in the prior year.

The company currently expects net revenue in the fourth fiscal quarter of 2021 ending October 2, 2021 to be about $465 million +/- $20 million, and expects non-GAAP earnings per share to be about $2.00 +/- 10%.

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