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The prospects are however becoming increasingly gloomythey cautioned pointing to the expected rise in unemployment

Posted on 19 June 2010

“The prospects are, however, becoming increasingly gloomy,”they cautioned, pointing to the expected rise in unemployment. The indicator, based on five subcomponents measuringconsumer behaviour, rose to 0.99 from 0.89 in February, UBSsaid. * Swiss consumer spending still increasing * KOF says banks’ confidence stabilises at low level (adds KOF banking indicator, background) ZURICH, April 28 (Reuters) – The UBS consumption index forSwitzerland recovered slightly in March, the bank said, showingsome resilience of Swiss consumer spending to the economicslump. pension plan termination9,152 -9,152 — Amortization of intangibles622,775106 5,528Income (loss) from operations (Non-GAAP measures)(5,527 )-7.8 % (25,647)-101.6% 7,6964.0 % (47,484) -75.8 % Net income (loss) (GAAP results) (10,892)-15.4% (33,143)-131.4% (3,859 ) -2.0% (51,386) -82.0 %- Equity-based compensation expense1,215 6583,459 (14) – Severance plan – 3,969- 6,555- Impairment of goodwill – 2,709- 2,709- Facilities contractual commitments – — 2,608- Tax settlement expense – — 2,212- U.S.

pension plan termination 9,152-9,152Loss from continuing operations $ (13,881) $ (2,075) $(15,956)Six months ended March 29, 2008 Net revenue $ 165,018$ 29,295$194,313Cost of sales 100,59614,492 115,088Gross profit64,422 14,803 79,225 Operating expenses60,760 14,334 75,094 U.S. CONSOLIDATED STATEMENTS OF OPERATIONS(In thousands, except per share and employee data) (Unaudited) Three months endedSix months ended March 29, March 28, March 29, March 28,2008200920082009 Net revenue$ 70,781$ 25,232$ 194,313 $ 62,648 Cost of sales42,17417,187115,088 40,675 Gross profit 28,6078,045 79,22521,973 Selling, general and administrative19,72127,83644,87257,688Research and development 15,69013,25830,22228,658Impairment of goodwill – 2,709 – 2,709 U.S. Kulicke & SoffaIndustries is under no obligation to (and expressly disclaims any obligation to)update or alter its forward-looking statements whether as a result of newinformation, future events or otherwise.KULICKE & SOFFA INDUSTRIES, INC. While these forward-lookingstatements represent our judgments and future expectations concerning ourbusiness, a number of risks, uncertainties and other important factors couldcause actual developments and results to differ materially from ourexpectations. Combined with its extensiveexpertise in process technology, K&S is well positioned to help customers meetthe challenges of assembling the next-generation semiconductor devices.() Caution Concerning Forward-Looking StatementsIn addition to historical statements, this press release contains statementsrelating to future events and our future results. About Kulicke & SoffaKulicke & Soffa (NASDAQ:KLIC) is a global leader in the design and manufactureof semiconductor assembly equipment. As one of the pioneers of the industry, K&Shas provided customers with market leading packaging solutions for decades.

Inrecent years K&S has expanded its product offerings through strategicacquisitions, adding die bonding, wedge bonding and a broader range ofexpendable tools to its core ball bonding products. K&S non-GAAP net income (loss) andEPS exclude equity-based compensation, contractual commitments for former Testfacilities, amortization of intangibles, severance plan, goodwill impairment andrelated tax effects from expenses; debt extinguishment; and settlement of Israeltax assessment from income tax expense – Net Margin. K&S non-GAAP gross margin excludes the impact of equity-basedcompensation expense recorded within cost of sales – Net Income (Loss) and Earnings per Share. The Company calculates these measures asfollows: – Gross Profit. K&S non-GAAP gross profit excludes the effects of equity-basedcompensation expense recorded within cost of sales – Gross Margin.

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