SAN JOSE, Calif. Kulicke & Soffa Industries Inc. said revenue from continuing operations for the second fiscal quarter was $160.3 million, compared to $102.6 million in the comparable year-ago quarter.
This revenue growth was primarily from the company’s equipment segment, which was up 88% from a year ago. Net loss for the second fiscal quarter was $729,000, or minus $0.01 a share, including charges from its discontinued test operations. This compares to a loss of $7.7 million, or minus $0.15 per share, for the year-ago quarter.
Scott Kulicke, chairman and chief executive officer of K&S, was upbeat. “Although the financial results for the second fiscal quarter are somewhat complicated by the sale of our test segment, we are quite pleased with the results from our continuing operations, especially our ball bonder business,” he said in a statement.
“Our third fiscal quarter is looking like another solid quarter, with revenue for the June quarter expected to be $155 million plus or minus about 5 percent [excluding any impact of fluctuations in gold pricing],” he said.