Kulicke & Soffa Q1 revenue falls 3% to $166.1 million; net income boosted by gain
Kulicke & Soffa reported first quarter fiscal 2025 net revenue of $166.1 million, down 3% from a year earlier, and GAAP net income of $81.6 million, or $1.51 per diluted share. GAAP results include a $76.0 million gain relating to cessation of business, while non-GAAP net income rose 19.1% to $20.2 million, or $0.37 per diluted share. The company expects second quarter revenue of approximately $165 million, plus or minus $10 million.
Key points
- Net revenue of $166.1 million, down 3% from the prior-year quarter and down 8.4% from the fourth quarter of fiscal 2024
- GAAP net income of $81.6 million, or $1.51 per diluted share, versus $9.3 million, or $0.16, a year earlier; includes a $76.0 million gain relating to cessation of business
- Non-GAAP net income of $20.2 million, or $0.37 per diluted share, up 19.1% from the prior-year quarter
- Second quarter fiscal 2025 outlook: net revenue approximately $165 million +/- $10 million; non-GAAP diluted EPS approximately $0.19 +/- 10%
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 04, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.