Kulicke & Soffa beats by $0.13, reports revs in-line; guides DecQ revs below consensus
- Reports Q4 (Sep) earnings of $0.45 per share, excluding non-recurring items, $0.13 better than the S&P Capital IQ Consensus of $0.32; revenues fell 14.4% year/year to $184.82 mln vs the $185 mln S&P Capital IQ Consensus.
- Co issues downside guidance for Q1 (Dec), sees Q1 revs of $150-160 mln vs. $193.4 mln S&P Capital IQ Consensus.
- "Despite the relative softness anticipated in the December quarter, our fundamental market positions, new product development and significant exposure to major trends supporting connected devices, automotive, LED and advanced packaging provide us with a high-level of confidence as we look ahead."
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