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Stock impact report

Kulicke & Soffa Reports Second Quarter 2020 Results

Kulicke and Soffa Industries, Inc. (KLIC) 
Last kulicke and soffa industries, inc. earnings: 4/29 10:00 pm Check Earnings Report
US:NASDAQ Investor Relations: kns.com
Company Research Source: Business Wire
SINGAPORE--(BUSINESS WIRE)--Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S” or the “Company”), today announced financial results of its second fiscal quarter ended March 28, 2020. The Company reported second quarter net revenue of $150.7 million, net income of $11.9 million and non-GAAP net income of $13.7 million.Quarterly Results - U.S. GAAP Fiscal Q2 2020Change vs. Fiscal Q2 2019Change vs. Fiscal Q1 2020Net Revenue$150.7 millionup 30.1%up 4.4%Gross Profit$69.3 millionup 24.6%down 1.6%Gross Margin46.0%down 190 bpsdown 280 bpsIncome from Operations$11.1 millionup 544%down 17.2%Operating Margin7.3%up 950 bpsdown 200 bps Show less Read more
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