04:40 PM EST, 11/13/2024 (MT Newswires) -- Kulicke & Soffa Industries (KLIC) reported fiscal Q4 non-GAAP earnings late Wednesday of $0.34 per diluted share, down from $0.51 a year earlier.

Four analysts polled by Capital IQ expected $0.35.

Revenue in the three months ended Sept. 28 fell to $181.3 million from $202.3 million a year earlier.

Four Analysts surveyed by Capital IQ expected $180.3 million.

In fiscal Q1, the company expects non-GAAP EPS of $0.28, plus or minus 10%, on revenue of $165 million, plus or minus $10 million. Four analysts polled by Capital IQ expect EPS of $0.33 on revenue of $179.4 million.

The company's board increased the quarterly dividend $0.005 to $0.205, payable Jan. 7 to investors of record Dec. 19.

The board authorized a new $300 million share buyback to start after completion of the existing $800 million repurchase program.

The company had $30.3 million remaining in the current buyback program as of Sept. 28.

Price: 46.00, Change: -1.05, Percent Change: -2.23