Kulicke & Soffa Industries Inc. (KLIC) reported a drop in earnings for the fourth quarter compared to the same period last year. The company’s bottom line was $6.37 million, or $0.12 per share, down from $12.11 million, or $0.22 per share, last year. Excluding items, adjusted earnings were $10.99 million or $0.21 per share. Revenue also fell by 2.1% to $177.55 million from $181.31 million last year. The company provided guidance for the next quarter, with EPS expected to be $0.33+/-10% and revenue projected to be $190 million+/- $10 million.

Read more at Nasdaq: Kulicke & Soffa Industries Inc. Q4 Profit Drops