imponerende regnskab, meget bedre end guidance og non-gaap earnings på 29 cent viser da at kursen er alt for lav og denne gang guider de til betydeligt yderlige femgang i 10 1q medens de var overforsigtige i deres guidance sidste gang
PS, den kan heller ikke tagges, det er der alt for mange aktier, der interesserer mig, der ikke kan
det kan den ku stige på, hvis der e fornuft her i verden og de 12 burde være i sigte
Kulicke & Soffa Reports Results for its First Fiscal Quarter 2010
Buzz up! 0 Print..Companies:Kulicke Soffa Industries Inc..Related Quotes
Symbol Price Change
KLIC 5.21 0.00
{"s" : "klic","k" : "c10,l10,p20,t10","o" : "","j" : ""} Press Release Source: Kulicke & Soffa Industries, Inc. On Thursday February 4, 2010, 7:00 am EST
FORT WASHINGTON, Pa.--(BUSINESS WIRE)--Kulicke & Soffa Industries, Inc. (NASDAQ:KLIC - News) (?K&S?) today announced results for its first fiscal quarter ended January 2, 2010. For its first quarter, the Company reported net revenue of $128.4 million and net income of $15.8 million, or $0.21 per diluted share. This press release contains both GAAP results and non-GAAP measures.
On a non-GAAP basis* for the first quarter of fiscal 2010, the Company reported net revenue of $128.4 million and net income of $21.2 million, or $0.29 per diluted share.
Quarterly GAAP Results
From Continuing
Operations
Q1 2010
**
Change vs. Q1 2009
**
Change vs. Q4 2009
Net Revenue $128.4 million 243% 16%
Gross Profit $56.4 million 305% 19%
Gross Margin 43.9% 667 basis points 119 basis points
Net Income $15.8 million 181% 174%
Net Margin 12.3% 6,469 basis points 711 basis points
EPS ? Diluted $0.21 166% 163%
Quarterly Non-GAAP Measures*
From Continuing
Operations
Q1 2010
**
Change vs. Q1 2009
**
Change vs. Q4 2009
Net Revenue $128.4 million 243% 16%
Gross Profit $56.4 million 306% 19%
Gross Margin 43.9% 679 basis points 120 basis points
Net Income $21.2 million 197% 96%
Net Margin 16.5% 7,498 basis points 673 basis points
EPS ? Diluted $0.29 179% 84%
*Non-GAAP measures exclude: equity-based compensation; severance; facilities contractual commitments; tax settlement expense; amortization of intangibles; gain on extinguishment of debt; non-cash interest expense; tax settlement benefit; and related tax effects on non-GAAP adjustments (see reconciliations of GAAP results to Non-GAAP measures in the following financial schedules).
** As adjusted for ASC No. 470.20, Debt, Debt With Conversion Options.
Commenting on the results, Scott Kulicke, Chairman and Chief Executive Officer, said, ?Results for our December quarter reflect the continuing strong semiconductor industry recovery, as well as our own efforts to expand our revenue base. Besides ball bonder demand driven by semiconductor unit volume growth, our revenue includes demand from the LED market and from the industry?s transition to copper wire bonding. In addition, we are seeing accelerating demand for our heavy wire wedge bonders. We expect these trends to continue through the March quarter, resulting in March quarter revenue in the range of $140 to $150 million.?
Key Product Trends
?Ball bonder unit volumes increased approximately 23% over the September quarter levels
?Conversion to copper wire bonding continues to accelerate; total copper kit volumes increased 146% over the September quarter to approximately 1,550
?Continued strong demand for ball bonders from the LED market
?Heavy wire wedge bonder demand accelerated late in the quarter and is expected to be strong at least through the March quarter
?First purchase order received for iStackPSTM die bonder in January 2010
Financial Highlights
?Gross Margin improved 119 basis points to 43.9%
?Return on Invested Capital? of 35.4%
?Total cash and cash equivalents of $175.2 million as of January 2, 2010
?Net revenue for the March quarter of fiscal 2010 is expected to be $140 to $150 million
?See Reconciliation of Return on Invested Capital table.
Earnings Conference Call Details
A conference call to discuss these results will be held today, February 4, 2010 beginning at 9:00 am (ET). To access the conference call, interested parties may call (877) 407-8037 or 201-689-8037, or log on to www.kns.com/investors/events for listen-only mode. A replay will be available approximately one hour after the completion of the call by calling toll-free (877) 660-6853 or internationally (201) 612-7415 and using the following replay access codes: 5521 (account number) and 342765 (replay ID number). A replay will also be available on the K&S website at www.kns.com/investors/events. The replay will be available via phone and website for a limited time.
Discussion of Non-GAAP Measures
This press release contains non-GAAP measures as a supplement to the consolidated financial results presented in accordance with GAAP. The Company believes certain non-GAAP measures provide investors with an additional, useful perspective on the Company?s performance as seen through the eyes of management. Management uses non-GAAP measures along with GAAP financial results for: analyzing the performance of the Company?s businesses; strategic and tactical decision making; and determining compensation. The Company does not consider non-GAAP measures to be a substitute for, or superior to, financial results presented in accordance with GAAP. All of the non-GAAP measures included herein are reconciled to the most directly comparable GAAP results in the following financial statements. These non-GAAP measures may be calculated differently from non-GAAP measures used by other companies. In addition, these non-GAAP measures are not based on a comprehensive set of accounting rules or principles and some of the adjustments reflect the exclusion of items that are recurring and will be reflected in the Company?s GAAP financial results for the foreseeable future.
Exclusions from GAAP Results
The Company excludes the following from its GAAP results in presenting non-GAAP measures:
- Equity-based compensation expenses. The Company recognizes the fair value of its equity-based compensation in expenses. Equity-based compensation consists of common stock, stock options and performance-based and time-based restricted stock granted under the Company?s equity compensation plans. Equity-based compensation is a non-cash expense that can vary significantly in amount from period to period.
- Other. The exclusion of certain other non-GAAP amounts allows for improved comparisons of the Company?s results to both prior periods and other companies. The Company excludes the following other items from non-GAAP measures as these items are not reflective of the performance of the Company?s ongoing businesses:
?Severance plan
?Facilities contractual commitments
?Tax settlement expense
?Amortization of intangibles
?Gain on extinguishment of debt
?Non-cash interest expense
?Tax settlement benefit
- Tax Adjustment. Non-GAAP measures are tax adjusted using the GAAP tax rate associated with each quarterly period. The tax rate is calculated by dividing each quarter?s GAAP tax expense, adjusted for discrete quarterly items, by the GAAP operating income for that quarter. Non-GAAP year-to-date measures are calculated by summing the associated quarterly non-GAAP measures, without further tax adjustments.
Non-GAAP Measures
The specific non-GAAP measures included herein are gross profit, gross margin, net income (loss), net margin, and earnings per share (?EPS?). The Company calculates these measures as follows:
--Gross Profit. K&S non-GAAP gross profit excludes the effects of equity-based compensation expense recorded within cost of sales.
--Gross Margin. K&S non-GAAP gross margin excludes the impact of equity-based compensation expense recorded within cost of sales.
--Net Income (Loss) and EPS. K&S non-GAAP net income (loss) and EPS exclude equity-based compensation; severance; facilities contractual commitments; tax settlement expense; amortization of intangibles; gain on extinguishment of debt; non-cash interest expense; tax settlement benefit; and related tax effects on non-GAAP adjustments.
--Net Margin. K&S non-GAAP net margin reflects the Company?s net margin excluding equity-based compensation; severance; facilities contractual commitments; tax settlement expense; amortization of intangibles; gain on extinguishment of debt; non-cash interest expense; tax settlement benefit; and related tax effects on non-GAAP adjustments.
About Kulicke & Soffa
Kulicke & Soffa (NASDAQ: KLIC - News) is a global leader in the design and manufacture of semiconductor assembly equipment. As one of the pioneers of the industry, K&S has provided customers with market leading packaging solutions for decades. In recent years K&S has expanded its product offerings through strategic acquisitions, adding die bonding, wedge bonding and a broader range of expendable tools to its core ball bonding products. Combined with its extensive expertise in process technology, K&S is well positioned to help customers meet the challenges of assembling the next-generation semiconductor devices. (www.kns.com)
PS, den kan heller ikke tagges, det er der alt for mange aktier, der interesserer mig, der ikke kan
det kan den ku stige på, hvis der e fornuft her i verden og de 12 burde være i sigte
Kulicke & Soffa Reports Results for its First Fiscal Quarter 2010
Buzz up! 0 Print..Companies:Kulicke Soffa Industries Inc..Related Quotes
Symbol Price Change
KLIC 5.21 0.00
{"s" : "klic","k" : "c10,l10,p20,t10","o" : "","j" : ""} Press Release Source: Kulicke & Soffa Industries, Inc. On Thursday February 4, 2010, 7:00 am EST
FORT WASHINGTON, Pa.--(BUSINESS WIRE)--Kulicke & Soffa Industries, Inc. (NASDAQ:KLIC - News) (?K&S?) today announced results for its first fiscal quarter ended January 2, 2010. For its first quarter, the Company reported net revenue of $128.4 million and net income of $15.8 million, or $0.21 per diluted share. This press release contains both GAAP results and non-GAAP measures.
On a non-GAAP basis* for the first quarter of fiscal 2010, the Company reported net revenue of $128.4 million and net income of $21.2 million, or $0.29 per diluted share.
Quarterly GAAP Results
From Continuing
Operations
Q1 2010
**
Change vs. Q1 2009
**
Change vs. Q4 2009
Net Revenue $128.4 million 243% 16%
Gross Profit $56.4 million 305% 19%
Gross Margin 43.9% 667 basis points 119 basis points
Net Income $15.8 million 181% 174%
Net Margin 12.3% 6,469 basis points 711 basis points
EPS ? Diluted $0.21 166% 163%
Quarterly Non-GAAP Measures*
From Continuing
Operations
Q1 2010
**
Change vs. Q1 2009
**
Change vs. Q4 2009
Net Revenue $128.4 million 243% 16%
Gross Profit $56.4 million 306% 19%
Gross Margin 43.9% 679 basis points 120 basis points
Net Income $21.2 million 197% 96%
Net Margin 16.5% 7,498 basis points 673 basis points
EPS ? Diluted $0.29 179% 84%
*Non-GAAP measures exclude: equity-based compensation; severance; facilities contractual commitments; tax settlement expense; amortization of intangibles; gain on extinguishment of debt; non-cash interest expense; tax settlement benefit; and related tax effects on non-GAAP adjustments (see reconciliations of GAAP results to Non-GAAP measures in the following financial schedules).
** As adjusted for ASC No. 470.20, Debt, Debt With Conversion Options.
Commenting on the results, Scott Kulicke, Chairman and Chief Executive Officer, said, ?Results for our December quarter reflect the continuing strong semiconductor industry recovery, as well as our own efforts to expand our revenue base. Besides ball bonder demand driven by semiconductor unit volume growth, our revenue includes demand from the LED market and from the industry?s transition to copper wire bonding. In addition, we are seeing accelerating demand for our heavy wire wedge bonders. We expect these trends to continue through the March quarter, resulting in March quarter revenue in the range of $140 to $150 million.?
Key Product Trends
?Ball bonder unit volumes increased approximately 23% over the September quarter levels
?Conversion to copper wire bonding continues to accelerate; total copper kit volumes increased 146% over the September quarter to approximately 1,550
?Continued strong demand for ball bonders from the LED market
?Heavy wire wedge bonder demand accelerated late in the quarter and is expected to be strong at least through the March quarter
?First purchase order received for iStackPSTM die bonder in January 2010
Financial Highlights
?Gross Margin improved 119 basis points to 43.9%
?Return on Invested Capital? of 35.4%
?Total cash and cash equivalents of $175.2 million as of January 2, 2010
?Net revenue for the March quarter of fiscal 2010 is expected to be $140 to $150 million
?See Reconciliation of Return on Invested Capital table.
Earnings Conference Call Details
A conference call to discuss these results will be held today, February 4, 2010 beginning at 9:00 am (ET). To access the conference call, interested parties may call (877) 407-8037 or 201-689-8037, or log on to www.kns.com/investors/events for listen-only mode. A replay will be available approximately one hour after the completion of the call by calling toll-free (877) 660-6853 or internationally (201) 612-7415 and using the following replay access codes: 5521 (account number) and 342765 (replay ID number). A replay will also be available on the K&S website at www.kns.com/investors/events. The replay will be available via phone and website for a limited time.
Discussion of Non-GAAP Measures
This press release contains non-GAAP measures as a supplement to the consolidated financial results presented in accordance with GAAP. The Company believes certain non-GAAP measures provide investors with an additional, useful perspective on the Company?s performance as seen through the eyes of management. Management uses non-GAAP measures along with GAAP financial results for: analyzing the performance of the Company?s businesses; strategic and tactical decision making; and determining compensation. The Company does not consider non-GAAP measures to be a substitute for, or superior to, financial results presented in accordance with GAAP. All of the non-GAAP measures included herein are reconciled to the most directly comparable GAAP results in the following financial statements. These non-GAAP measures may be calculated differently from non-GAAP measures used by other companies. In addition, these non-GAAP measures are not based on a comprehensive set of accounting rules or principles and some of the adjustments reflect the exclusion of items that are recurring and will be reflected in the Company?s GAAP financial results for the foreseeable future.
Exclusions from GAAP Results
The Company excludes the following from its GAAP results in presenting non-GAAP measures:
- Equity-based compensation expenses. The Company recognizes the fair value of its equity-based compensation in expenses. Equity-based compensation consists of common stock, stock options and performance-based and time-based restricted stock granted under the Company?s equity compensation plans. Equity-based compensation is a non-cash expense that can vary significantly in amount from period to period.
- Other. The exclusion of certain other non-GAAP amounts allows for improved comparisons of the Company?s results to both prior periods and other companies. The Company excludes the following other items from non-GAAP measures as these items are not reflective of the performance of the Company?s ongoing businesses:
?Severance plan
?Facilities contractual commitments
?Tax settlement expense
?Amortization of intangibles
?Gain on extinguishment of debt
?Non-cash interest expense
?Tax settlement benefit
- Tax Adjustment. Non-GAAP measures are tax adjusted using the GAAP tax rate associated with each quarterly period. The tax rate is calculated by dividing each quarter?s GAAP tax expense, adjusted for discrete quarterly items, by the GAAP operating income for that quarter. Non-GAAP year-to-date measures are calculated by summing the associated quarterly non-GAAP measures, without further tax adjustments.
Non-GAAP Measures
The specific non-GAAP measures included herein are gross profit, gross margin, net income (loss), net margin, and earnings per share (?EPS?). The Company calculates these measures as follows:
--Gross Profit. K&S non-GAAP gross profit excludes the effects of equity-based compensation expense recorded within cost of sales.
--Gross Margin. K&S non-GAAP gross margin excludes the impact of equity-based compensation expense recorded within cost of sales.
--Net Income (Loss) and EPS. K&S non-GAAP net income (loss) and EPS exclude equity-based compensation; severance; facilities contractual commitments; tax settlement expense; amortization of intangibles; gain on extinguishment of debt; non-cash interest expense; tax settlement benefit; and related tax effects on non-GAAP adjustments.
--Net Margin. K&S non-GAAP net margin reflects the Company?s net margin excluding equity-based compensation; severance; facilities contractual commitments; tax settlement expense; amortization of intangibles; gain on extinguishment of debt; non-cash interest expense; tax settlement benefit; and related tax effects on non-GAAP adjustments.
About Kulicke & Soffa
Kulicke & Soffa (NASDAQ: KLIC - News) is a global leader in the design and manufacture of semiconductor assembly equipment. As one of the pioneers of the industry, K&S has provided customers with market leading packaging solutions for decades. In recent years K&S has expanded its product offerings through strategic acquisitions, adding die bonding, wedge bonding and a broader range of expendable tools to its core ball bonding products. Combined with its extensive expertise in process technology, K&S is well positioned to help customers meet the challenges of assembling the next-generation semiconductor devices. (www.kns.com)
5/2 2010 11:01 le 0
25525 cramer mener også at faldet i går er en kæmpe buyimg opportunity i en sektor, der uberettiget er ramt af den generelle nedgang i markedet
det er reelt den eeneste sektor i verden der boomer for alvor og vil blive ved med det i længere tid
http://www.cnbc.com/id/35238573/site/14081545?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo
det er reelt den eeneste sektor i verden der boomer for alvor og vil blive ved med det i længere tid
http://www.cnbc.com/id/35238573/site/14081545?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo
9/2 2010 17:45 collersteen 025676 Mere fra Cramer om chips og semiconductors - strong buy siger han.
http://www.cnbc.com/id/35304952
http://www.cnbc.com/id/35304952
13/2 2010 17:37 collersteen 025851 En spekulativ chip.aktie mere fra Cramer.
http://www.cnbc.com/id/35369659
Se/læs selv mere.
Entegris is a speculation play, but it?s also the largest company by revenue in the semiconductor consumables sector. And it has a strong product line with a diversified list of customers, which keeps the company from taking too big a hit if one of them goes under. Cramer also likes the improving balance sheet and growing footprint.
So how high could ENTG go if this bet paid off? Using recent M&A activity in the sector as a guide, Cramer said, this $4 and change stock could be worth closer to $9, or a gain of 225%.
http://www.cnbc.com/id/35369659
Se/læs selv mere.
Entegris is a speculation play, but it?s also the largest company by revenue in the semiconductor consumables sector. And it has a strong product line with a diversified list of customers, which keeps the company from taking too big a hit if one of them goes under. Cramer also likes the improving balance sheet and growing footprint.
So how high could ENTG go if this bet paid off? Using recent M&A activity in the sector as a guide, Cramer said, this $4 and change stock could be worth closer to $9, or a gain of 225%.
