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Kulicke and Soffa: Fiscal 2Q Earnings Snapshot

SINGAPORE (AP) _ Kulicke and Soffa Industries Inc. (KLIC) on Thursday reported a fiscal second-quarter loss of $3.6 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Singapore-based company said it had a loss of 5 cents. Earnings, adjusted for non-recurring costs, came to less than 1 cent on a per-share basis.

The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The semiconductor equipment maker posted revenue of $115.9 million in the period.

For the current quarter ending in July, Kulicke and Soffa said it expects revenue in the range of $120 million to $140 million. Analysts surveyed by Zacks had expected revenue of $147.5 million.

Kulicke and Soffa shares have climbed 11% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $22.56, a fall of 2% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KLIC at https://www.zacks.com/ap/KLIC