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Kulicke & Soffa Updates Revenue Outlook for its Fourth Fiscal Quarter 2021
Schedules Fourth Quarter Conference Call for 8AM EST, November 18th, 2021 SINGAPORE, Nov. 1, 2021 /PRNewswire/ -- Kulicke and Soffa Industries, Inc.
About this update from Kulicke And Soffa Industries, Inc.
[{"type":"text","content":"Schedules Fourth Quarter Conference Call for 8AM EST, November 18th, 2021\n\n\n SINGAPORE, Nov. 1, 2021 /PRNewswire/ -- Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) (\"Kulicke & Soffa\", \"K&S\" or the \"Company\"), today announced that it expects revenue to be approximately $485 million and non-GAAP earnings per share to be approximately $2.15 to $2.17 for the fourth fiscal quarter, ended October 2, 2021.\n\n \n \n \n \n \n \n\n \nStrong demand for K&S solutions continues to stem from a broad set of customers and end-markets. This demand is driven by several long-term technology transitions including 5G, electric vehicles, advanced display and the increasing need for more complex semiconductor assembly. Additionally, the Company has continued to expand features and customer engagements with its LUMINEXTM advanced display system, which is positioned to accelerate adoption of mini and micro LED technology.\nFusen Chen, Kulicke & Soffa's President and Chief Executive Officer, stated, \"Over the past quarter, we overcame many of the global supply chain challenges we faced and extended short-term production capabilities to best support our customers' evolving capacity and technology needs. In parallel with this production effort, we have delivered new innovative solutions for high-performance-computing and advanced display applications.\"\nThe Company anticipates continued industry expansion through fiscal 2022 and will provide additional details during its upcoming earnings call.\nEarnings Conference DetailsK&S has scheduled a conference call to discuss the Company's fourth fiscal quarter 2021 financial results, and its business outlook, on Thursday November 18, 2021 at 8:00am EST.\nThe Company will issue its fourth fiscal quarter 2021 financial results on Wednesday November 17, 2021 after market close.\nTo access the conference call, interested parties may call +1-877-407-8037 or internationally +1-201-689-8037. A live webcast will also be available at investor.kns.com.\nA replay will be available from approximately one hour after the completion of the call through November 25th by calling toll-free +1-877-660-6853 or internationally +1-201-612-7415 and using the replay ID number of 13723617. A webcast replay will also be available at investor.kns.com.\nAbout Kulicke & SoffaKulicke & Soffa (NASDAQ: KLIC) is a leading provider ...