Kulicke & Soffa Industries Inc. Q3 Income Advances 27%

(RTTNews) - Kulicke & Soffa Industries Inc. (KLIC) released a profit for its third quarter that gained ground from last year.

The company said its bottom line totaled $31.79 million, or $0.45 per share. This was higher than $25.04 million, or $0.33 per share, in last year's third quarter.

Analysts had expected the company to earn $0.37 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 31.5% to $216.41 million. This was up from $164.63 million last year.

Kulicke & Soffa Industries Inc. earnings at a glance:

-Earnings (Q3): $31.79 Mln. vs. $25.04 Mln. last year. -Earnings Growth (Y-o-Y): 27.0% -EPS (Q3): $0.45 vs. $0.33 last year. -EPS Growth (Y-o-Y): 36.4% -Analysts Estimate: $0.37 -Revenue (Q3): $216.41 Mln vs. $164.63 Mln last year. -Revenue Change (Y-o-Y): 31.5%

-Guidance: Next quarter revenue guidance: $135 - $145 Mln