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FormFactor's CEO Discusses Q2 2012 Results - Earnings Call Transcript

FormFactor, Inc. (FORM)

Q2 2012 Earnings Conference Call

August 1, 2012 16:30 ET

Executives

Tom St. Dennis – Chief Executive Officer

Mike Ludwig – Chief Financial Officer

Analysts

Vernon Essi – Needham & Company

Mark Delaney – Goldman Sachs

Olga Levinzon – Barclays

Patrick Ho – Stifel Nicolaus

Terence Whalen – Citi

Tom Diffely – D.A. Davidson

Presentation

Operator

Thank you and welcome everyone to FormFactor’s Second Quarter 2012 Earnings Conference Call. On today’s conference call are Chief Executive Officer, Tom St. Dennis and Chief Financial Officer, Mike Ludwig. As a reminder, today’s call will be recorded.

Before we begin, let me remind you that the company will be discussing GAAP P&L results and some key non-GAAP results to supplement understanding of the company’s financials. A schedule that provides GAAP to non-GAAP reconciliations is available on the press release issued today and also on the Investor section of FormFactor’s website.

Also a reminder for everyone, that today’s discussion contains forward-looking statements within the meaning of the Federal Securities Laws. Such forward-looking statements include, but are not limited to projections, including statements regarding business momentum in macroeconomic conditions, demand for our products and future growth. Statements about our development, introduction, and/or qualification of next generation matrix, or new SOC products and statements that contain words like expect, anticipate, believes, possibly, should and the assumptions upon which such statements are based. These forward-looking statements are based on the current information and the expectations that are inherently subject to change and involve a number of risks and uncertainties. FormFactor’s actual results could differ materially from those projected in our forward-looking statements.

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