KULICKE AND SOFFA INDUSTRIES overview

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S” or the “Company”), today announced receiving several orders for its market leading RAPID™ Series interconnect system. As part of the GEN-S Series, the RAPID™ architecture provides advanced process capabilities, real-time monitoring and diagnostics to ensure quality and efficient assembly serving high-performance and high-reliability semiconductor applications. The GEN-S Series of leading wire bond...

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S” or the “Company”), today announced the planned retirement of Garrett E. Pierce from the Board and as Chairman of the Board on September 30, 2020 having reached the Company’s mandatory retirement age. Peter T. Kong who has served as a Director for K&S since February 2014 will be appointed Chairman of the Board effective October 1, 2020. Mr. Pierce has served as a Director to K&S since November 2005 and...

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S” or the “Company”), announced today that its Board of Directors has declared and authorized a quarterly dividend of $0.12 per share of common stock. The dividend payment will be made on October 13, 2020 to holders of record as of September 25, 2020. About Kulicke & Soffa Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor and electronic assembly solutions serving the global automotive,...

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S” or the “Company”), today announced financial results of its third fiscal quarter ended June 27, 2020. The Company reported third quarter net revenue of $150.5 million, net income of $11.2 million and non-GAAP net income of $12.9 million. Quarterly Results - U.S. GAAP Fiscal Q3 2020 Change vs. Fiscal Q3 2019 Change vs. Fiscal Q2 2020 Net Revenue $150.5 million up 18.4% down 0.1% Gross Profit $69.4 million up...

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa”, “K&S” or the “Company”), a global leader in the design and manufacture of semiconductor, LED and electronic assembly equipment, today announced a conference call is scheduled to discuss the Company's third fiscal quarter 2020 financial results, and its business outlook, on Thursday July 30, 2020 at 8:00am EDT. The Company will issue its third fiscal quarter 2020 financial results on Wednesday July 29, 2020 after...

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa", "K&S" or the "Company") today announced its Board of Directors increased its current share repurchase program by an additional $100 million, from $300 million to $400 million, and extended its duration through August 1, 2022. Since the program’s inception in August 2017, through its third fiscal quarter ended June 27, 2020, the Company has repurchased 11.1 million shares for a total value of $249.1 million. Since 2014, 19.3...

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) (“Kulicke & Soffa”, “K&S” or “Company”), announced today that it will be exhibiting at the SEMICON China 2020 trade show in Shanghai, China, from June 27 to 29. The new ULTRALUX™ automatic wire bonder along with the POWER-C™ wedge bonder will debut at the trade show. The ULTRALUX™ wire bonder utilizes the latest technologies and material which offers cost-of-ownership advantage, delivering high productivity and yield. Its quick...

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) ("Kulicke & Soffa," "K&S" or the "Company") today announced the appointment of David Jeffrey Richardson to its Board of Directors. Mr. Richardson brings over 32 years of semiconductor industry experience to the K&S board and currently serves as Chairman of Lattice Semiconductor Corporation (NASDAQ: LSCC) and a Director of Ambarella (NASDAQ: AMBA). Mr. Richardson was Executive Vice President, and ultimately Chief Operating Officer, of LSI...