Kulicke & Soffa Industries (KLIC) reported a fiscal Q2 adjusted loss Tuesday of $0.52 per diluted share, narrower than a loss of $0.95 a year earlier.
Analysts polled by FactSet expected $0.19.
Revenue for the quarter ended March 29 was $162 million compared with $172.1 million a year earlier.
Analysts surveyed by FactSet expected $165.9 million.
The company expects fiscal Q3 adjusted EPS of $0.05 plus or minus 10%. Analysts surveyed by FactSet expect $0.35.
Revenue for the fiscal quarter is projected to be about $145 million, plus or minus $10 million. Analysts polled by FactSet expect $191.3 million.
Shares of the company fell 7.4% in Tuesday's after-market trading.
Price: 29.39, Change: -2.35, Percent Change: -7.4
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