Kulicke & Soffa's Q3 Beats Estimates, Optimistic Q4 Guidance

Kulicke and Soffas Q3 earnings surpassed expectations with a 4% increase in revenue and higher-than-predicted earnings per share. This growth was driven by increased order activity in semiconductor and memory markets, supported by technology transitions and demand for specialized systems. The company projects optimistic Q4 earnings and provided insights into market share gains, vertical wire business, and recovery trajectories in memory and auto-industrial markets. Key indicators to watch include advanced packaging adoption, utilization rates, and sequential recovery in automotive and industrial segments.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.