Kulicke and Soffa Industries (KLIC) Scheduled to Post Quarterly Earnings on Wednesday

Kulicke and Soffa Industries (NASDAQ:KLIC) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 1st. Analysts expect Kulicke and Soffa Industries to post earnings of $0.24 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its earnings results on Thursday, February 1st. The semiconductor company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.26 by $0.04. Kulicke and Soffa Industries had a net margin of 7.03% and a return on equity of 8.55%. The business had revenue of $171.19 million during the quarter, compared to analysts’ expectations of $170.00 million. During the same period in the prior year, the company earned $0.37 earnings per share. On average, analysts expect Kulicke and Soffa Industries to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Kulicke and Soffa Industries Trading Up 1.9 %

Shares of KLIC stock opened at $47.02 on Monday. Kulicke and Soffa Industries has a 12 month low of $40.20 and a 12 month high of $60.20. The stock has a market cap of $2.65 billion, a P/E ratio of 52.25 and a beta of 1.47. The company has a 50 day simple moving average of $48.48 and a two-hundred day simple moving average of $49.24.

Kulicke and Soffa Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 9th. Shareholders of record on Monday, March 25th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, March 22nd. This represents a $0.80 dividend on an annualized basis and a yield of 1.70%. Kulicke and Soffa Industries’s dividend payout ratio is currently 88.89%.

Analyst Ratings Changes

Separately, TheStreet cut shares of Kulicke and Soffa Industries from a “b-” rating to a “c” rating in a report on Wednesday, January 31st.

Insider Transactions at Kulicke and Soffa Industries

In other news, SVP Robert Nestor Chylak sold 8,771 shares of the stock in a transaction on Wednesday, February 14th. The shares were sold at an average price of $48.97, for a total value of $429,515.87. Following the completion of the sale, the senior vice president now directly owns 24,240 shares of the company’s stock, valued at $1,187,032.80. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.03% of the company’s stock.

About Kulicke and Soffa Industries

Kulicke and Soffa Industries, Inc designs, manufactures, and sells 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). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment.