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Kulicke & Soffa (KLIC -2.8%) trades down after missing on its FQ1 EPS but beating on...

Jan. 31, 2012 1:54 PM ETKulicke and Soffa Industries, Inc. (KLIC) StockKLICBy: David Yelle, SA News Editor
Kulicke & Soffa (KLIC -2.8%) trades down after missing on its FQ1 EPS but beating on revenue. Earnings fell 44% Y/Y on lower ball-bonder and wedge-bonder equipment sales. The company also lowers its forecast for the current quarter, now expecting revenues of $125M - $135M, below Street estimates of $137M.

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