Comment on Kulicke & Soffa Shares Tumble On Weak Financial Outlook

Kulicke & Soffa Shares Tumble On Weak Financial Outlook

Shares of Kulicke & Soffa, which sells design and assembly equipment for the chip and LED sectors, are trading lower Thursday morning on disappointing financial guidance. For FY Q4 ended October 1, the company reported revenue of $180.4 million, down 38,7% sequentially and 30.4% year-over year, but ahead of the guidance range of $155 million ...

 

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