Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Q1 2023 Earnings Conference Call February 2, 2023 8:00 AM ET
Company Participants
Joe Elgindy - Senior Director, Investor Relations
Fusen Chen - President and Chief Executive Officer
Lester Wong - Chief Financial Officer
Conference Call Participants
Krish Sankar - Cowen
Craig Ellis - B. Riley
Charles Shi - Needham and Company
David Duley - Steelhead Securities
Hans Chung - D.A. Davidson
Operator
Hello, and welcome to the Kulicke & Soffa 2023 First Quarter Results Conference Call and Webcast. [Operator Instructions] A question-and-answer session will follow the formal presentation. As a reminder, this conference is being recorded.
It’s now my pleasure to turn the call over to Joe Elgindy, Senior Director of Investor Relations. Please go ahead, Joe.
Joe Elgindy
Thank you. Welcome everyone, to Kulicke & Soffa’s fiscal first quarter 2023 conference call. Fusen Chen, President and Chief Executive Officer and Lester Wong, Chief Financial Officer are joining us on today’s call.
Non-GAAP metrics will be referenced throughout today’s call. The non-GAAP financial measures 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 our earnings release filed yesterday, as well as the earnings presentation, which may be found on the Investor Relations section of our website at investor.kns.com.
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 10-K for the year ended October 1, 2022, and the 8-K filed yesterday.
With that said, I would now like to turn the call over to Fusen Chen for the business overview. Please go ahead, Fusen.
Fusen Chen
Thank you, Joe. Over the prior quarter we continued to execute on our development plans and the customer engagements supporting secular trends in the Automotive, Semiconductor and advanced display markets and also our tactical margin optimization and market share gain strategies within the higher volume wire bonding and also electronics assembly markets. I will discuss these specific opportunities in more details shortly.