KLIC looks like it's gonna bounce off the 40 day MA on a really good earnings report:
timely.com
Thursday July 20, 7:21 am Eastern Time
Company Press Release
Kulicke & Soffa Reports Another Record Quarter
Record New Orders, Sales and Net Income
WILLOW GROVE, Pa.--(BUSINESS WIRE)--July 20, 2000--Kulicke & Soffa Industries Inc. (NASDAQ:KLIC - news) today announced record bookings, sales and net income for its third quarter of fiscal 2000, which ended June 30, 2000.
Sales for the quarter were $268.3 million, up 21% over second quarter sales in FY2000 of $222.2 million and up 142% from third quarter FY1999 sales of $110.8 million. Net income was $38.2 million or $1.35 per diluted share (on a pre-split basis), up 74% from the $22.0 million or $0.80 per diluted share (on a pre-split basis) recorded in the second quarter of FY2000 and compared to a net loss of ($659,000) or ($0.03) per diluted share (on a pre-split basis) in the third quarter of last year.
On June 26, 2000, the Company announced a 2-for-1 stock split of its common stock effective July 31. After adjusting for the 2-for-1 stock split, the third quarter FY2000 earnings per diluted share were $0.67 compared to second quarter FY2000 earnings per diluted share of $0.40 and a third quarter FY1999 loss per diluted share of ($0.01).
Source: biz.yahoo.com
Mike |
