SAN JOSE, Calif. Chip-equipment provider Kulicke & Soffa Industries Inc. (K&S) said net revenue from continuing operations for the second quarter was $142.7 million, compared to $152.3 million for the previous quarter and $160.3 million for the comparable year-ago quarter.
Net loss from continuing operations was $2.2 million, or $0.04 per diluted share, versus net income of $4.2 million, or $0.06 per diluted share, for the previous quarter, and $17.1 million or $0.25 per diluted share for the year-ago quarter.
The net loss from continuing operations for the second quarter includes $1.1 million of expenses related to die bonder integration activities, according to K&S (Fort Washington, Penn.).
Scott Kulicke, chairman and chief executive, painted a mixed picture. "While the quarter started very slowly, we saw a significant shift in customer sentiment late in the quarter," he said in a statement. ''This caused an end-of-quarter spike in shipments as well as a much stronger June quarter forecast."
Kulicke provided the following revenue guidance: "We expect business conditions to continue to significantly improve in the June quarter. Based on current gold prices, we believe revenue will be about $167 million, due primarily to strengthening equipment sales."