BESVF - BE Semiconductor Industries N.V. (BESIY) Q1 2024 Earnings Call Transcript

2024-04-25 14:14:07 ET

BE Semiconductor Industries N.V. (BESIY)

Q1 2024 Earnings Conference Call

April 25, 2024, 10:00 AM ET

Company Participants

Richard Blickman - Chief Executive Officer

Leon Verweijen - Senior Vice President-Finance

Conference Call Participants

Alexander Duval - Goldman Sachs

Charles Shi - Needham & Company

Madeleine Jenkins – UBS

Didier Scemama - Bank of America

Robert Sanders - Deutsche Bank

Nigel Van Putten - Morgan Stanley

Ruben Devos - Kepler Cheuvreux

Presentation

Operator

Good morning, good afternoon, ladies and gentlemen, and welcome to the Besi's Quarterly Conference Call and Audio Webcast to discuss the company's 2024 First quarter. You can log in to the audio webcast via Besi's website at www.besi.com.

Joining us today are Mr. Richard Blickman, Chief Executive Officer and Mr. Leon Verweijen, Senior Vice President, Finance. At this time, all participants are in a listen-only mode. Later, we will conduct the question-and-answer session and instructions will follow at that time. As a reminder, ladies and gentlemen, this conference is being recorded and cannot be reproduced in whole or in part without written permission from the company.

I would like to now turn the call over to Mr. Richard Blickman. Thank you.

Richard Blickman

Thank you. Thank you all for joining us today. We will begin by making a few comments in connection with the press release issued earlier today and then take your questions. I would like to remind everyone that on today's call, management will be making forward looking statements. All statements, other than statements of historical facts may be forward looking statements. Forward looking statements reflect Besi's current views and assumptions regarding future events, many of which are, by nature, inherently uncertain and beyond Besi's control. Actual results may differ materially from those in the forward-looking statements due to various risks and uncertainties, including but not limited to factors that are discussed in the company's most recent periodic and current reports filed with the AFM. Such forward looking statements, including guidance provided during today's call, speak only as of this date, and Besi does not intend to update them in light of new information or future developments, nor does Besi undertake any obligation to update the forward-looking statements.

For today's call, we'd like to review the key financial highlights for our first quarter ended March 31 and update you on the markets, our strategy and outlook....

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