Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Q4 2024 Earnings Conference Call November 14, 2024 8:00 AM ET
Company Participants
Joe Elgindy - Director, Investor Relations
Fusen Chen - President and Chief Executive Officer
Lester Wong - Chief Financial Officer
Conference Call Participants
Steven Kinney Chin - TD Cowen
Tom Diffely - D.A. Davidson
Dave Duley - Steelhead Securities
Charles Shi - Needham
Operator
Greetings, and welcome to Kulicke and Soffa’s 2024 Fourth Quarter Results Earnings Call. At this time, all participants are on a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions]
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. You may begin.
Joe Elgindy
Thank you. Welcome everyone to Kulicke & Soffa’s Fiscal Fourth Quarter 2024 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.
GAAP to non-GAAP reconciliation tables are included within our latest earnings release, and earnings presentation. Both are available at investor.kns.com, along with prepared remarks for today’s call. 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, and are subject to risks and uncertainties that may cause our actual results and financial condition to differ materially from the statements made today.
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 and upcoming SEC filings, specifically our latest Form 10-K, as well as the 8-K filed today.
With that said, I will now turn the call over to Fusen Chen for the business overview. Please go ahead, Fusen.
Fusen Chen
Good afternoon, everyone. Although some of our core markets remain in a state of digestion, we continue to anticipate a return to capacity growth in the core Ball, Wedge and APS segments throughout fiscal 2025, as we continue to expand share through technology transitions in advanced packaging and dispense. Yesterday, we made several positive announcements regarding a high-potential foundry win, our Copper First Hybrid bonding process, which we expect will reach a three micron pitch, and also an expansion of shareholder return initiatives.