Kulicke & Soffa is a leading provider of semiconductor, LED and electronic assembly solutions serving the global automotive, consumer, communications, computing and industrial markets. Founded in 1951, K&S prides itself on establishing foundations for technological advancement - creating pioneering interconnect solutions that enable performance improvements, power efficiency, form-factor reductions and assembly excellence of current and next-generation semiconductor devices.

Company profile
Ticker
KLIC
Exchange
Website
CEO
Fusen Chen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Assembléon B.V. • K&S Worldwide, Inc. • Kulicke & Soffa (Hong Kong) Limited • Kulicke & Soffa (Israel) Limited • Kulicke & Soffa (Suzhou) Limited • Kulicke and Soffa (Switzerland) Management GmbH • Kulicke & Soffa Foreign Investments, LLC • Kulicke & Soffa Global Holding Corporation • Kulicke & Soffa Global Investments, Inc. • Kulicke & Soffa Holdings B.V. ...
IRS number
231498399
KLIC stock data
News

5 Value Stocks To Watch In The Technology Sector
16 Aug 22
Why Karuna Therapeutics Jumped Around 72%; Here Are 96 Biggest Movers From Yesterday
9 Aug 22
12 Information Technology Stocks Moving In Wednesday's After-Market Session
3 Aug 22
Recap: Kulicke & Soffa Indus Q3 Earnings
3 Aug 22
Kulicke & Soffa Indus Q3 Adj. EPS $2.09 Beats $1.59 Estimate, Sales $372.14M Beat $367.25M Estimate
3 Aug 22
Analyst ratings and price targets
Calendar
4 Aug 22
20 Aug 22
1 Oct 22
Financial summary
Quarter (USD) | Jul 22 | Apr 22 | Jan 22 | Oct 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Oct 21 | Oct 20 | Sep 19 | Sep 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 445.78M | 445.78M | 445.78M | 445.78M | 445.78M | 445.78M |
Cash burn (monthly) | 4.89M | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 7.87M | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 437.91M | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 89.5 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
5 Jul 22 | Yeo Mui Sung | Common Stock | Grant | Acquire A | No | No | 0 | 1,004 | 0 | 84,078 |
5 Jul 22 | Kong Peter T M | Common Stock | Grant | Acquire A | No | No | 0 | 1,004 | 0 | 84,959 |
5 Jul 22 | Lim Chin Hu | Common Stock | Grant | Acquire A | No | No | 0 | 1,004 | 0 | 81,630 |
5 Jul 22 | Olson Jon A | Common Stock | Grant | Acquire A | No | No | 0 | 1,004 | 0 | 7,092 |
5 Jul 22 | Milzcik Gregory F | Common Stock | Grant | Acquire A | No | No | 0 | 1,004 | 0 | 76,314 |
Institutional ownership, Q2 2022
98.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 311 |
Opened positions | 41 |
Closed positions | 60 |
Increased positions | 95 |
Reduced positions | 126 |
13F shares | Current |
---|---|
Total value | 2.45B |
Total shares | 57.23M |
Total puts | 892.9K |
Total calls | 437.2K |
Total put/call ratio | 2.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 9.01M | $385.56M |
Capital International Investors | 6.94M | $297.18M |
American Century Companies | 3M | $128.42M |
Dimensional Fund Advisors | 2.84M | $121.39M |
Vanguard | 2.8M | $119.84M |
Royce & Associates | 2.13M | $91.31M |
STT State Street | 2.01M | $86.39M |
Victory Capital Management | 1.6M | $68.37M |
Alliancebernstein | 1.47M | $62.96M |
Deprince Race & Zollo | 1.38M | $59.2M |
Financial report summary
?Risks
- Our operating results and financial condition could be adversely impacted by volatile worldwide economic conditions and unpredictable spending by our customers due to uncertainties in the macroeconomic environment.
- The COVID-19 pandemic has adversely affected our business, and may in the future materially and adversely affect our results of operations and financial condition.
- We depend on our suppliers, including sole source suppliers, for critical raw materials, components and subassemblies. If our suppliers do not deliver their products to us, or deliver non-compliant or defective products, we would be unable to deliver our products to our customers.
- The semiconductor industry is volatile with sharp periodic downturns and slowdowns. Cyclical industry downturns are made worse by volatile global economic conditions.
- Difficulties in forecasting demand for our product lines may lead to periodic inventory shortages or excesses.
- Our quarterly operating results fluctuate significantly and may continue to do so in the future.
- Our average selling prices usually decline over time and may continue to do so.
- We may not be able to rapidly develop, manufacture and gain market acceptance of new and enhanced products required to maintain or expand our business.
- We may be unable to continue to compete successfully in the highly competitive semiconductor equipment and packaging materials industries.
- Substantially all of our sales, distribution channels and manufacturing operations are located outside of the U.S., which subjects us to risks, including risks from changes in trade regulations, currency fluctuations, political instability and conflicts.
- Catastrophic events, such as pandemics and extreme weather events as a result of climate change, can have a material adverse effect on our operations and financial results.
- We are subject to export restrictions that may limit our ability to sell to certain customers and the U.S.-China trade war could adversely affect our business.
- Because a small number of customers account for most of our sales, our net revenue could decline if we lose a significant customer.
- We maintain a backlog of customer orders that is subject to cancellation, reduction or delay in delivery schedules, which may result in lower than expected revenues.
- Increased labor costs and competition for qualified personnel may reduce the efficiency of our flexible manufacturing model and adversely impact our operating results.
- Our business depends on attracting and retaining management, sales and technical employees as well as on the succession of senior management.
- Alternative packaging technologies may render some of our products obsolete and materially and adversely affect our overall business and financial results.
- We send products and equipment to customers or potential customers for trial, evaluation or other purposes which may result in retrofit charges, impairments or write-down of inventory value if the products and equipment are not subsequently purchased by the customers.
- Undetected problems in our products could directly impair our financial results.
- We may not be able to continue to consolidate manufacturing and other facilities or entities without incurring unanticipated costs and disruptions to our business.
- We may be materially and adversely affected by environmental and safety laws and regulations, including laws and regulations implemented in response to climate change.
- We may acquire or divest businesses or enter into joint ventures or strategic alliances, which may materially affect our business, financial condition and operating results.
- Our success depends in part on our intellectual property, which we may be unable to protect.
- Third parties may claim we are infringing on their intellectual property, which could cause us to incur significant litigation costs or other expenses, or prevent us from selling some of our products.
- We may be subject to disruptions or failures in our information technology systems and network infrastructures that could have a material adverse effect on us.
- We are implementing a new enterprise resource planning system. Our failure to implement it successfully, on time and on budget could have a material adverse effect on us.
- We are exposed to fluctuations in currency exchange rates that could negatively impact our financial results and cash flows.
- Changes to our existing tax incentive in Singapore may materially reduce our reported results of operations in future periods.
- We have the ability to issue additional equity securities, which would lead to dilution of our issued and outstanding common shares.
- Anti-takeover provisions in our articles of incorporation and bylaws and under Pennsylvania law may discourage other companies from attempting to acquire us.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
consequentially, constantly, direct, effort, export, falling, inflation, jurisdiction, jurisdictional, micro, mini, posture, premium, recession, sentiment, worth
Removed:
bonder, consistent, exceeded, noncash, utilization
Financial reports
Current reports
8-K
Results of Operations and Financial Condition
3 Aug 22
8-K
Kulicke & Soffa Declares Quarterly Dividend of $0.17
8 Jun 22
8-K
Results of Operations and Financial Condition
4 May 22
8-K
Kulicke & Soffa Announces $150 Million Accelerated Share Repurchase
9 Mar 22
8-K
Submission of Matters to a Vote of Security Holders
4 Mar 22
8-K
Kulicke & Soffa Declares Quarterly Dividend of $0.17
3 Mar 22
8-K
Results of Operations and Financial Condition
3 Feb 22
8-K
Results of Operations and Financial Condition
18 Nov 21
8-K
Kulicke & Soffa Updates Revenue Outlook for its Fourth Fiscal Quarter 2021
1 Nov 21
8-K
Departure of Directors or Certain Officers
18 Oct 21
Registration and prospectus
S-8
Registration of securities for employees
6 Jul 21
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Jul 21
S-8
Registration of securities for employees
30 Mar 17
S-8 POS
Registration of securities for employees (post-effective amendment)
30 Mar 17
POS AM
Prospectus update (post-effective amendment)
15 Nov 12
424B7
Prospectus with selling stockholder info
1 Oct 09
424B5
Prospectus supplement for primary offering
5 Aug 09
424B5
Prospectus supplement for primary offering
4 Aug 09
S-3
Shelf registration
1 Jul 09
S-8
Registration of securities for employees
15 Jun 09
Proxies
DEFA14A
Additional proxy soliciting materials
14 Jan 22
DEFA14A
Additional proxy soliciting materials
13 Jan 21
DEFA14A
Additional proxy soliciting materials
3 Jan 20
DEFA14A
Additional proxy soliciting materials
17 Jan 19
DEF 14A
Definitive proxy
18 Jan 18
DEFA14A
Additional proxy soliciting materials
18 Jan 18
Other
SD
Conflict minerals disclosure
27 May 22
SD
Conflict minerals disclosure
27 May 21
SD
Conflict minerals disclosure
29 May 20
CORRESP
Correspondence with SEC
1 Apr 20
UPLOAD
Letter from SEC
1 Apr 20
UPLOAD
Letter from SEC
22 Mar 20
CORRESP
Correspondence with SEC
11 Mar 20
UPLOAD
Letter from SEC
27 Feb 20
SD
Conflict minerals disclosure
17 May 19
SD
Conflict minerals disclosure
31 May 18
Ownership
4
KULICKE & SOFFA INDUSTRIES / DAVID JEFFREY RICHARDSON ownership change
7 Jul 22
4
KULICKE & SOFFA INDUSTRIES / Gregory F Milzcik ownership change
7 Jul 22
4
KULICKE & SOFFA INDUSTRIES / Jon A Olson ownership change
7 Jul 22
4
KULICKE & SOFFA INDUSTRIES / Chin Hu Lim ownership change
7 Jul 22
4
KULICKE & SOFFA INDUSTRIES / Peter T M Kong ownership change
7 Jul 22
4
KULICKE & SOFFA INDUSTRIES / Mui Sung Yeo ownership change
7 Jul 22
11-K
Annual report of employee stock purchases
24 Jun 22
4
KULICKE & SOFFA INDUSTRIES / Nelson MunPun Wong ownership change
2 Jun 22
4
KULICKE & SOFFA INDUSTRIES / Mui Sung Yeo ownership change
6 Apr 22
4
KULICKE & SOFFA INDUSTRIES / DAVID JEFFREY RICHARDSON ownership change
6 Apr 22
Patents
Utility
Die attach systems, and methods of attaching a die to a substrate
9 Aug 22
A die attach system is provided.
Utility
Positional Error Compensation In Assembly of Discrete Components by Adjustment of Optical System Characteristics
28 Jul 22
A method includes determining an alignment error between a discrete component of a discrete component assembly mounted in a laser-assisted transfer system and a target position on a target substrate, the discrete component assembly including the discrete component adhered to a support by a dynamic release layer; based on the alignment error, determining a beam offset characteristic; and providing a signal indicative of the beam offset characteristic to an optical element of the laser-assisted transfer system, the optical element being configured to adjust a position of a beam pattern relative to the discrete component according to the beam offset characteristic.
Utility
Material for Positional Error Compensation In Assembly of Discrete Components
28 Jul 22
An assembly includes a substrate; a coating including a Bingham fluid disposed on a surface of the substrate; and a discrete component partially embedded in or disposed on the coating including the Bingham fluid.
Utility
Lithographic Systems and Methods of Operating the Same
9 Jun 22
A lithographic system for projecting an image onto a workpiece using radiation is provided.
Utility
Component Placement Systems and Methods of Operating the Same
9 Jun 22
A component placement system is provided.
Transcripts
2022 Q3
Earnings call transcript
4 Aug 22
2022 Q2
Earnings call transcript
5 May 22
2022 Q1
Earnings call transcript
3 Feb 22
2021 Q4
Earnings call transcript
18 Nov 21
2021 Q3
Earnings call transcript
5 Aug 21
2021 Q2
Earnings call transcript
8 May 21
2021 Q1
Earnings call transcript
4 Feb 21
2020 Q4
Earnings call transcript
19 Nov 20
2020 Q3
Earnings call transcript
31 Jul 20
2020 Q2
Earnings call transcript
30 Apr 20
Reddit threads
Daily Discussion Thread - August 3rd, 2022
3 Aug 22
Daily Discussion Thread - August 2nd, 2022
2 Aug 22
Daily Discussion Thread - August 1st, 2022
1 Aug 22
Earnings Calendar for Week of August 1st: The Megacraps
30 Jul 22
Semi Stocks Crashing: Buying opportunity??
1 Jul 22
Daily Discussion Thread - June 22nd, 2022
22 Jun 22
Daily Discussion Thread - June 21st, 2022
21 Jun 22
Daily Discussion Thread - June 20th, 2022
20 Jun 22
I'm 18 and I'm looking to invest long term
16 May 22
What stocks do you consider great value at their current valuations? 💰
12 May 22