Wednesday, Kulicke and Soffa Industries, Inc. (KLIC) announced its second-quarter financial results, reporting a net income of $35.1 million, or $0.66 a share, compared with a net loss of $84.5 million, or $1.59 a share, in the prior year.
Adjusted earnings stood at $42.1 million, or $0.13 a share, compared with a loss of $27.9 million, or $1.07 a share, in the previous year.
Net revenue rose to $242.6 million from last year's $161.9 million.
Looking ahead, the company expects net revenue in the third quarter to be approximately $310 million, earnings per share to be approximately $0.87, and adjusted earnings per share to be approximately $1.00, with some variations around these estimates.
In the after hours, KLIC is trading at $103.44, up 10.90 percent on the Nasdaq.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.