Kulicke & Soffa Industries Inc. (NASDAQ:KLIC) Q3 2023 Earnings Conference Call August 9, 2023 8:00 AM ET
Company Participants
Fusen Chen - President, Chief Executive Officer
Lester Wong - Executive Vice President, Finance, Chief Financial Officer
Joe Elgindy - Senior Director, Investor Relations
Conference Call Participants
Craig Ellis - B. Riley Securities
Dave Duley - Steelhead Securities
Charles Shi - Needham & Co.
Tom Diffely - DA Davidson
Christian Schwab - Craig Hallum
Operator
Operator
Greetings and welcome to the Kulicke & Soffa 2023 third quarter results.
At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star, zero on your telephone keypad. As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Joe Elgindy, Senior Director, Investor Relations. Thank you, sir, you may begin.
Joe Elgindy
Thank you. Welcome everyone to Kulicke & Soffa’s fiscal third quarter 2023 conference call. Fusen Chen, President and Chief Executive Officer, and Lester Wong, Chief Financial Officer are also joining on today’s call.
Non-GAAP financial measures referenced today should be considered in addition to, not as a substitute for or in isolation from our GAAP financial information. Complete GAAP to non-GAAP reconciliation tables are available within the recently filed earnings release, as well as our earnings presentation. This information in addition to our prepared remarks for today’s call are available at investor.kns.com.
Beginning with the June quarter 10-Q filling, we have amended our segment reporting and will provide additional segmentation details of our previous capital equipment reportable segment. This change has no effect on the composition of our APS reportable segment or our end market disclosures.
During this revision, a material weakness was identified over internal controls related to segment reporting and subsequently triggered the filing of the amended 10-K for fiscal year 2022 yesterday evening. Please note there was no impact on any reported amounts of the primary financial statements to previously reported periods associated with this amendment. Additional details are available within the 10-K/A filed yesterday evening.
In addition to historical statements, today's remarks will contain statements relating to future events and our future results. These statements are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results and financial condition may differ materially from what is indicated in those forward-looking statements. For a complete discussion of the risks associated with Kulicke & Soffa that could affect our future results and financial condition, please refer to our recent SEC filings, specifically the amended 10-K for the year ended October 1, 2022 and the 8-K filed yesterday.