Shares of Kulicke & Soffa (KLIC) tumbled 8.99% in after-hours trading on Tuesday following the release of its disappointing second-quarter 2025 financial results. The semiconductor equipment manufacturer reported earnings that fell significantly short of analyst expectations, triggering a sell-off in the stock.
Kulicke & Soffa posted an adjusted loss per share of $0.52 for the quarter, which was a stark contrast to the $0.19 profit per share analysts had forecast. This represents a substantial earnings miss of 373.68%. The company's revenue also fell short of expectations, coming in at $162 million compared to the estimated $165.1 million. This marks a 5.86% decrease from the same period last year when the company reported sales of $172.07 million.
The financial report revealed further concerning figures, with a net loss of $84.5 million for the quarter. The company's gross margin stood at 24.9%, reflecting the challenging operating environment in the semiconductor industry. These results underscore the difficulties Kulicke & Soffa is facing in the current market conditions, leading investors to reassess their positions and resulting in the significant after-hours stock price decline.