Kulicke & Soffa reports prelim Q2, won't file 10-K in timely manner

|About: Kulicke and Soffa Industrie... (KLIC)|By:, SA News Editor

Kulicke & Soffa (NASDAQ:KLICgains 0.9% after shares resumed trading following a halt.

KLIC was due to report quarterly results today after a delay earlier in the month. But the company says it will not be filing its 10-K in a timely manner due to an internal investigation regarding unauthorized transactions by a senior finance employee. 

Preliminary Q2 results did beat EPS and revenue estimates with a 11% Y/Y revenue growth. 

Press release  

Previously: Kulicke & Soffa Releases Preliminary Q2 results (May 10)

Subscribe for full text news in your inbox