SINGAPORE--(BUSINESS WIRE)--Oct. 9, 2018--
Kulicke & 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 fourth quarter
and full year 2018 financial results, and its business outlook
on Monday, November 19, 2018 at 6:00pm EST. The Company will issue its
fourth quarter 2018 results prior to the conference call.
Kulicke & Soffa also announced today that it expects to report net
revenue of approximately $185 million for its fourth fiscal quarter
2018, which ended September 29, 2018. This revenue expectation is
approximately 15% above the Company’s three-year fourth fiscal quarter
On August 1, 2018, the Company provided a net revenue guidance range for
the fourth fiscal quarter of 2018 of $180 million to $190 million.
“Over the prior two years, we have extended our presence within
traditional served markets such as LED, automotive, advanced packaging
and a broad range of general semiconductor devices. In parallel, we have
continued to execute and progress on our strategic, new market
opportunities,” stated Fusen Chen, President and Chief Executive Officer
of Kulicke & Soffa.
Since July 2018, the Company has introduced three new equipment
solutions supporting high-accuracy flip chip, micro and mini LED and
high-performance die attach.
Fourth Quarter Conference Call Details
To access the conference call, interested parties may call
+1-877-407-8037 or internationally +1-201-689-8037. A live webcast will
also be available at investor.kns.com.
A replay will be available from approximately one hour after the
completion of the call through December 3, 2018 by calling toll-free
+1-877-660-6853 or internationally +1-201-612-7415 and using the replay
ID number of 13683980. A webcast replay will also be available at investor.kns.com.
About Kulicke & Soffa
Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor
packaging and electronic assembly solutions supporting the global
automotive, consumer, communications, computing, and industrial
segments. As a pioneer in the semiconductor space, K&S has provided
customers with market leading packaging solutions for decades. In recent
years, K&S has expanded its product offerings through strategic
acquisitions and organic development, adding advanced packaging,
electronics assembly, wedge bonding and a broader range of expendable
tools to its core offerings. Combined with its extensive expertise in
process technology and focus on development, K&S is well positioned to
help customers meet the challenges of packaging and assembling the
next-generation of electronic devices.
Caution Concerning Results and Forward Looking Statements
In addition to historical statements, this press release contains
statements relating to future events and our future results. These
statements are “forward-looking” statements within the meaning of the
Private Securities Litigation Reform Act of 1995, and include, but are
not limited to, statements that relate to our future expected dividend
payouts and growth opportunities. While these forward-looking statements
represent our judgments and future expectations concerning our business,
a number of risks, uncertainties and other important factors could cause
actual developments and results to differ materially from our
expectations. These factors include, but are not limited to the factors
listed or discussed in Kulicke and Soffa Industries, Inc. 2017 Annual
Report on Form 10-K and our other filings with the Securities and
Exchange Commission. Kulicke and Soffa Industries, Inc. is under no
obligation to (and expressly disclaims any obligation to) update or
alter its forward-looking statements whether as a result of new
information, future events or otherwise.
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Source: Kulicke & Soffa Industries, Inc.
Kulicke & Soffa Industries, Inc.
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