KULICKE & SOFFA 10-K Report Released

By Tamara Parker • Thursday, November 20 10:22 • Permanent Link

KULICKE & SOFFA INDUSTRIES INC has recently released its 10-K report, detailing its operations and financial performance for the fiscal year. The company engages in the design, manufacture, and sale of capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS), serving various electronics manufacturers primarily in the United States and the Asia/Pacific region. KULICKE & SOFFA was founded in 1951 and is headquartered in Fort Washington, Pennsylvania.

In the 10-K report, the company's Management's Discussion and Analysis of Financial Condition and Results of Operations section provides insight into its fiscal 2025 and 2024 performance. The report discusses critical accounting policies and estimates, revenue recognition, allowances for doubtful accounts, inventories, impairment of goodwill, income taxes, and equity-based compensation. It also covers recent accounting pronouncements and details the results of operations for fiscal 2025 and 2024.

According to the report, in fiscal 2025, KULICKE & SOFFA INDUSTRIES INC reported a net revenue of $654,081, a decrease of 7.4% from the previous year's $706,232. The cost of sales decreased by 14.0% to $376,160 from $437,478. The gross profit increased by 3.4% to $277,921 from $268,754. The selling, general and administrative expenses increased by 1.3% to $167,699 from $165,564. Research and development expenses decreased by 1.1% to $149,616 from $151,214. Additionally, the company reported impairment charges of $39,817 in fiscal 2025, compared to $44,472 in fiscal 2024.

These figures provide a detailed snapshot of KULICKE & SOFFA INDUSTRIES INC's financial performance and operational highlights for the fiscal year, shedding light on its revenue, costs, and profitability. The market has reacted to these announcements by moving the company's shares -0.76% to a price of $35.29. If you want to know more, read the company's complete 10-K report here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.