Semiconductor production equipment company Kulicke & Soffa (NASDAQ: KLIC) will be reporting results this Wednesday afternoon. Here’s what investors should know.

Kulicke and Soffa beat analysts’ revenue expectations by 1.8% last quarter, reporting revenues of $148.4 million, down 18.3% year on year. It was an exceptional quarter for the company, with a beat of analysts’ EPS estimates and an impressive beat of analysts’ adjusted operating income estimates.

Is Kulicke and Soffa a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Kulicke and Soffa’s revenue to decline 6.2% year on year to $170 million, improving from the 10.4% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.22 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Kulicke and Soffa has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Kulicke and Soffa’s peers in the semiconductor manufacturing segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Teradyne delivered year-on-year revenue growth of 4.3%, beating analysts’ expectations by 3.3%, and FormFactor reported a revenue decline of 2.5%, topping estimates by 1.3%. Teradyne traded up 19.8% following the results while FormFactor was also up 23.4%.

Read our full analysis of Teradyne’s results here and FormFactor’s results here.

Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. While some of the semiconductor manufacturing stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7.9% on average over the last month. Kulicke and Soffa is down 10% during the same time and is heading into earnings with an average analyst price target of $41.60 (compared to the current share price of $35.62).

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