Kulicke & Soffa Industries (KLIC) Tops Q1 EPS by 13c

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Kulicke & Soffa Reports First Quarter 2016 Results

February 3, 2016 6:55 AM EST

SINGAPORE--(BUSINESS WIRE)-- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (Kulicke & Soffa, K&S or the Company) today announced results for its first fiscal quarter ended January 2, 2016.

  Quarterly Results    

Fiscal Q1 2016

  Change vs.

Fiscal Q1 2015

  Change vs.

Fiscal Q4 2015

Net Revenue   $108.5 million   up 1.0%   down 8.9% Gross Profit   $50.4 million   down 7.9%   down 13.4% Gross Margin   46.5%   down 440 bps   down 240 bps... More

Kulicke & Soffa Receives Market Acceptance of Its Advanced Packaging Local Reflow Solution

February 3, 2016 6:55 AM EST

SINGAPORE--(BUSINESS WIRE)-- Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) (Kulicke & Soffa, K&S or the Company), a global leader in the design and manufacture of semiconductor and LED assembly equipment, announced today that it has received its first purchase order for its APAMA (Advanced Packaging with Adaptive Machine Analytics) Advanced Packaging solution from a strategic, technology focused customer. The APAMA series is a single platform solution for Thermo-Compression (TC), High-Density Fan-Out Wafer-Level-Packaging and High-Accuracy Flip Chip applications.

This purchase order is an important milestone in our Advanced Packaging platform initiative, Tong Liang Cheam, Kulicke & Soffas Vice... More