This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

LTX-Credence Corporation's Management Present At Deutsche Bank DbAccess Technology Conference (Transcript)

LTX-Credence Corporation (LTXC)

Deutsche Bank dbAccess Technology Conference Call

September 13, 2012, 06:20 pm ET

Executives

Mark Gallenberger - VP & CFO

Analysts

Chad Dillard - Deutsche Bank

Presentation

Chad Dillard - Deutsche Bank

Good afternoon and thank you for joining us. My name is Chad Dillard and I am on the semi cap equipment team and I have the pleasure to introduce Mark Gallenberger, the Vice President and CFO of LTX-Credence, a leading automated test and equipment company. Mark?

Mark Gallenberger

Thanks Chad. Good afternoon and welcome everybody. I really appreciate you staying through the end of the conference here, listening to our investor pitch. Real quickly, here is our Safe Harbor statement. If you have any questions or if you want to get more information about the risk and uncertainties, you can get in to more of the details in our 10-Q or 10-Ks.

Okay in terms of LTX-Credence, you know, in summary, we do play in the semiconductor test equipment space. We're one of the only providers that of test equipment that is exclusively focused on the non-memory test equipment space and we focus on specific market segments, which enable our products to be pretty well differentiated against the competition.

We will get in to much more detail about that today and as a result of our market focus, we do lead the industry across the cycle in terms of gross margins.

And so we've been able to design our products for the right end market segments and as a result we've got a very good fit and a strong product line up which enables us to enjoy industry-leading gross margins. And also a result of those products targeted for specific market segments, we've been able to really go after specific customers and increase our customer base and diversify it over the course of the last couple of cycles.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs