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Kulicke and Soffa: Fiscal 4Q Earnings Snapshot

SINGAPORE (AP) _ Kulicke and Soffa Industries Inc. (KLIC) on Monday reported fiscal fourth-quarter profit of $29.6 million.

On a per-share basis, the Singapore-based company said it had net income of 43 cents. Earnings, adjusted for one-time gains and costs, were 45 cents per share.

The semiconductor equipment maker posted revenue of $184.8 million in the period.

For the year, the company reported profit of $56.7 million, or 80 cents per share. Revenue was reported as $889.1 million.

For the current quarter ending in January, Kulicke and Soffa said it expects revenue in the range of $150 million to $160 million. Analysts surveyed by Zacks had expected revenue of $192.6 million.

Kulicke and Soffa shares have declined 18 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $19.90, a decline of 26 percent 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