FORT WASHINGTON, Pa. (AP) -- Kulicke & Soffa Industries Inc. reported a fiscal fourth-quarter profit Thursday, helped by a recovery in revenue as well as cost cutting implemented earlier this year.

Nevertheless, shares fell fell 73 cents, or 14 percent, to $4.57 amid a broader market sell-off in afternoon trading.

Profit in the quarter ended Oct. 3 came to $5.8 million, or 8 cents per share, compared with a year-earlier loss of $4.6 million, or 9 cents per share.

The chip manufacturing equipment maker saw sales tumble during the recession as demand for semiconductors fell off. But with business picking up since March, the company said sales grew 80 percent to $110.5 million from $61.2 million in the year-ago quarter, slightly ahead of the Kulicke & Soffa's own September forecast.

Analysts projected a profit of 4 cents per share on sales of $102.7 million, according to a Thomson Reuters poll.

Looking ahead, the company projected first-quarter sales of $115 million to $120 million. Analysts forecast revenue of $116.5 million.

For the full year, Kulicke & Soffa posted a loss of $59 million, or 95 cents per share, on sales of $225.2 million. Adjusted income came to 81 cents per share.