Despite exceeding expectations last quarter, Kulicke & Soffa...

Moomoo AI Nov 16, 2023 05:45

Despite exceeding expectations last quarter, Kulicke & Soffa may face worsening industry down cycles with a projected revenue drop of -3.5% next quarter. The company's mediocre Q4 performance resulted in a 6.6% stock price decrease, but its robust cash flow and decreased inventory may offer growth opportunities.

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

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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