Kulicke and Soffa (NASDAQ:KLIC) Posts Better-Than-Expected Sales In Q4 But Stock Drops

Kulicke and Soffa (NASDAQ:KLIC) Posts Better-Than-Expected Sales In Q4 But Stock Drops

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Semiconductor production equipment company Kulicke & Soffa (NASDAQ: KLIC) reported in Q4 FY2023, with revenue down 29.3% year on year to $202.3 million. On the other hand, next quarter's revenue guidance of $170 million was less impressive, coming in 11% below analysts' estimates. Turning to EPS,…

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