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Shares of semiconductor equipment maker

Kulicke & Soffa

(KLIC) - Get Kulicke & Soffa Industries, Inc. Report

fell more than 20% after the company warned yesterday that continued order deferrals and push-outs would hurt first-quarter revenue.

The company's shares were recently down $3.25, or 21.9%, to $11.63 in


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The company said it expects revenue for the first quarter ending Dec. 31 of $140 million to $165 million, compared with $179.8 million in the same period last year. The guidance doesn't include potential revenue that could result from the company's proposed acquisition of




The antitrust waiting period for the acquisition expired yesterday.