Loading...
•
Jan 02, 2021
Kulicke and Soffa Q1 2021 Earnings Report
Reported first quarter results with increased demand in general semiconductor, LED, and automotive markets.
Key Takeaways
Kulicke & Soffa reported a strong first quarter in fiscal year 2021, with net revenue of $267.9 million and net income of $48.4 million, resulting in an EPS of $0.77. Non-GAAP net income was $53.7 million, with a non-GAAP EPS of $0.86.
Net revenue reached $267.9 million.
Gross margin was 45.4%.
Net income stood at $48.4 million, or $0.77 per share; non-GAAP net income was $53.7 million, or $0.86 per share.
Cash, cash equivalents, and short-term investments totaled $576.7 million as of January 2, 2021.
Forward Guidance
The Company currently expects net revenue in the second fiscal quarter of 2021 ending April 3, 2021 to be approximately $300 million +/- $20 million, and expects non-GAAP EPS to be approximately $0.88 +/- 10%.
Positive Outlook
- Expects net revenue in the second fiscal quarter of 2021 to be approximately $300 million +/- $20 million.
- Expects non-GAAP EPS to be approximately $0.88 +/- 10%.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...