Kulicke & Soffa Indus: Q2 Earnings Insights

Kulicke & Soffa Indus KLIC reported its Q2 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Kulicke & Soffa Indus beat estimated earnings by 46.15%, reporting an EPS of $0.38 versus an estimate of $0.26.

Revenue was down $211.26 million from the same period last year.

Last quarter the company beat on EPS by $0.13 which was followed by a 8.69% increase in the share price the next day.

Here's a look at Kulicke & Soffa Indus's past performance:

Quarter	Q1 2023	Q4 2022	Q3 2022	Q2 2022
EPS Estimate	0.24	0.98	1.59	1.47
EPS Actual	0.37	1.19	2.09	1.95
Revenue Estimate	176.48M	277.00M	367.25M	380.25M
Revenue Actual	176.23M	286.31M	372.14M	384.28M

To track all earnings releases for Kulicke & Soffa Indus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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