2015 SEMICON West Analyst Briefing
|
|
- Felix Morris
- 5 years ago
- Views:
Transcription
1 2015 SEMICON West Analyst Briefing Rick Wallace President and Chief Executive Officer Bren Higgins Chief Financial Officer
2 Safe Harbor This presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of Except as otherwise specifically indicated herein, the information included in this presentation is as of the date it is delivered. These forward-looking statements (including references to preliminary financial results and/or data for the recently completed fiscal period, the company s ability to convert bookings into completed sales, potential market and revenue opportunities, expected company introductions of new products and entry into new markets, future uses of the company s cash resources and future trends in macroeconomic and industry conditions) are based on the company s estimates, assumptions and expectations of future events and are subject to a number of risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements. For other factors that may cause actual results to differ materially from those projected and anticipated in forward-looking statements in this presentation, please refer to the company s Annual Report on Form 10-K for the year ended June 30, 2014, subsequently filed Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission (including, but not limited to, the risk factors described therein). The company assumes no obligation to, and does not currently intend to, update these forward-looking statements SEMICON West Analyst Briefing
3 Q4 (June) Update Q4 FY15 GUIDANCE PRELIMINARY RESULTS BOOKINGS $550M $750M In Range REVENUE $710M $790M In Range EPS* $0.78 $1.02 In Range *Non-GAAP; including SBC, but excluding charges not indicative of core business. GAAP diluted EPS expected to be in the range of guidance of $0.65 to $0.91 previously provided in Form 8-K/A filed on June 26, SEMICON West Analyst Briefing
4 Distribution of Q4 FY15 System Orders WAFER FRONT-END SEGMENT REGION Logic 5% Non-Semi 2% Memory 62% Foundry 33% Service 27% Patterning 24% Wafer Inspection 47% Korea 7% Taiwan 23% Japan 40% USA 16% Europe 8% China 2% SEA 4% SEMICON West Analyst Briefing
5 Mission, Strategy, and Objectives MISSION Improve customer yield, performance, and time-to-market, enabling the digital age STRATEGY Provide leading technologies, differentiated solutions, and superior customer experiences through collaboration, innovation, and execution OBJECTIVES Attract and inspire world-class talent that enables market leadership, industry leading growth, and a superior business model SEMICON West Analyst Briefing
6 Organizing for Success: Structure Follows Strategy DIFFERENTIATED SOLUTIONS Restructure to provide solutions, not just individual Best-in-Class tools SUPERIOR CUSTOMER EXPERIENCE Restructure to streamline Go-to-Market activities SUPERIOR CUSTOMER EXPERIENCE Elevate Service to executive staff level with an emphasis on growth and customer satisfaction SEMICON West Analyst Briefing
7 Strategic Objectives CUSTOMERS Grow Share within Process Control GROWTH Long-term Revenue Growth Rate of 5 7% OPERATIONAL EXCELLENCE TALENT Grow Operating Income 2x Revenue Growth Rate Attract, Develop, and Retain Talent SEMICON West Analyst Briefing
8 Process Control Market Share 100% 90% 80% 70% KLA-Tencor AMAT Hitachi Others 60% 50% 40% 30% 20% 10% 0% Source: Gartner, April SEMICON West Analyst Briefing
9 Redefining the Opportunity Metric Wafer Inspection Patterning Control Service Total Size $2.1B $1.9B $1.4B $5.4B Share 62% 40% 50% KT Revenue $1.3B $0.8B $0.7B $2.8B Opportunity $0.8B $1.1B $0.7B $2.6B Source: Internal Estimates for FY SEMICON West Analyst Briefing
10 Wafer Inspection Applications & KT Share Application Objective Specs Technology FY15 SAM KT Share Engineering Analysis Debug Failure Analysis Find Critical Defects & Signatures e-beam Inspection $250M <10% Critical Line Monitor Most Critical Layer Monitor Find Critical 1-10 wph BBP Laser Scan $900M >80% Line Monitor Critical Layer Monitor Find Critical wph Laser Scan Macro Tools $500M >80% Tool Monitor Qual/Requal Bare Wafer 50 wph Laser Scan $200M >80% Source: Internal Estimates for FY15. BBP Broadband Plasma Optical Inspector Laser Scan Narrow band Optical Inspector SEMICON West Analyst Briefing
11 R&D Investment $600 23% 25% $500 $400 $300 15% 15% 18% 12% 14% 17% 18% 18% 20% 15% $200 10% $100 5% $- $M FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 E* 0% * Derived from consensus estimates SEMICON West Analyst Briefing
12 25 Years of R&D in Optical Inspection GEN Series GEN 2 21XX Series KT R&D Customer Engagement Adoption GEN 3 23XX Series GEN 4 29XX Series GEN 5 Next Gen SEMICON West Analyst Briefing
13 Gen 5 Platform Nearing End of R&D Phase SEMICON West Analyst Briefing
14 Complexity of the Inspectors Comparable to that of Lithography Systems Premium grade optics and coatings Scanner grade stage control Multi level correction lens Integrated lens manipulators Current Optics Gen 5 Optics SEMICON West Analyst Briefing
15 Inspector Wavelength Optical Inspection Resolution XX 23XX Under Development /29XX Released Products Gen SEMICON West Analyst Briefing
16 Millions of Pixels per Second Inspection Platforms Data Rate Optical Data Rate e-beam Data Rate Source: KLA-Tencor SEMICON West Analyst Briefing
17 Gen 5 Sensitivity to Defects Gen 5 Optical Gen 4 Optical Defect Wafer Maps Blue dots signify an identified defect in the process SEMICON West Analyst Briefing
18 Optical Coverage Advantage Gen 5 Optical e-beam* * For equivalent inspection duration SEMICON West Analyst Briefing
19 Optical Sensitivity to Process Defect Signatures Gen 5 Optical e-beam* * For equivalent inspection duration SEMICON West Analyst Briefing
20 Historical Optical Inspection Launches 28XX Optical Inspector Launch 29XX Optical Inspector Launch Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Revenue Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Revenue SEMICON West Analyst Briefing
21 Strategic Objectives CUSTOMERS Grow Share within Process Control GROWTH Long-term Revenue Growth Rate of 5 7% OPERATIONAL EXCELLENCE TALENT Grow Operating Income 2x Revenue Growth Rate Attract, Develop, and Retain Talent SEMICON West Analyst Briefing
22 FINANCIAL UPDATE Bren Higgins Chief Financial Officer SEMICON West Analyst Briefing
23 Virtuous Cycle of Success Investment in Growth and Cash Returns to Stockholders Market Leadership & Differentiated Solutions Strong Operating Margins and Free Cash Flow Investment in New Products Strong Gross Margins SEMICON West Analyst Briefing
24 Baseline + + Long-Term Financial Objectives Deliver revenue growth objective Maintain industry-leading gross margins ~1% KT Service Invest in new products and market leadership Grow operating income 2x revenue growth rate 1 2% 3 4% KT Share Growth WFE Semiconductor Revenue Maintain optimal capital structure GDP Assertively deploy unallocated capital KLA-Tencor KLA-Tencor Long-term Long-term Growth Rate Growth 5 7% Rate 5-7% SEMICON West Analyst Briefing
25 Market leader share of total market Share Growth Opportunity 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Market Size Process Control Lithography Track Implant $4B $7B $2B $1B Source: Gartner, April SEMICON West Analyst Briefing
26 Service Growth Opportunity $800 Service Revenue Enhance customer productivity $700 $600 $500 $400 $300 $200 Forward CAGR: 6-8% Revenue Growth Upgrade tool capability Extend life of KLA-Tencor equipment Growth opportunity from IoT market for n-1 and earlier tools $100 $M $ SEMICON West Analyst Briefing
27 Gross Margin Reflects KLA-Tencor s Market Leadership 70% 65% 60% 55% 50% 45% 40% 35% 30% 25% 20% ** 1 Semi Caps (1) KLAC KLA-Tencor (1) Includes: AMAT, ASML, LRCX Source: Bloomberg ** Estimates based on mid point of consensus SEMICON West Analyst Briefing
28 Investment in New Products KLA-Tencor KLA-Tencor Revenue Revenue Hitachi High-Technologies Hitachi High- Technologies Applied Materials Process Control Revenue Hermes Microvision Hermes Microvision Nanometrics KLA-Tencor R&D Source: Gartner, April 2015 $M $- $500 $1,000 $1,500 $2,000 $2, SEMICON West Analyst Briefing
29 Patterning Defect Inspection Continuously Introducing New Products Product E Broadband Plasma / / / 2925 Gen 5 Laser Scanning Puma 9500 Puma 9650 Puma 9850 e-beam Review edr-5210 edr-7000 edr-7100 edr-7110 Unpatterned Surfscan SP3 Surfscan SP3 450 Surfscan SP5 WaferSight PWG Overlay Archer 300 LCM Archer 500 Archer 500 LCM Optical Films Aleris 8330 Aleris 8510 SpectraFilm LD10 Optical CD SpectraShape 8860 SpectraShape 9000 SpectraShape 10k Reticle Terascan HT Teron 610 X5.2 Teron 611 Teron 650 X SEMICON West Analyst Briefing
30 Through Cycle Operating Margin Performance 30% 3 Year Average 25% 20% 15% 10% 5% Operational excellence Market leadership Differentiated solutions Superior profitability and returns to stockholders 0% 1 2 Semi Caps Tier 1 Semi KLA-Tencor KLAC (1) Includes: AMAT, ASML, LRCX (2) Includes: ADI, LLTC, MCHP, MXIM, TXN, XLNX Source: Bloomberg SEMICON West Analyst Briefing
31 Strategic Restructuring Overview $1,000 Operating Expense $900 $800 $700 $600 $500 $400 $300 $200 $100 $0 $M FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15E FY16E Focus investments on our best opportunities Target R&D investment at 60% of total Opex Target 30% operating margin at $3B revenue run rate Preserve 50-60% incremental operating margin R&D SG&A *Non-GAAP SEMICON West Analyst Briefing
32 Business Model Update Revenue $2.7B-$3.0B $3.0B-$3.3B $3.3B-$3.6B $3.6B-$3.9B Gross Margin 57% 58% 58% 59% 59% 60% 60% + R&D 15% 17% 15% 16% 14% 15% 13% 14% SG&A 12% 13% 11% 12% 11% 12% 10% 11% Operating Margin 27% 30% 30% 32% 32% 34% 34% 36% Grow Operating Income 2x Revenue Growth Rate SEMICON West Analyst Briefing
33 Capital Structure Strategy Uses of cash Great business model Superior cash flow More efficient balance sheet Investments for competitive advantage Distributions Priorities #1 R&D #2 Dividends Innovation Business Model Prudent Tax Strategy Debt Working Capital #3 Debt Repayment Acquisitions #4 Share Repurchases SEMICON West Analyst Briefing
34 $2.00 $2.08 Announcing Dividend Increase FY 16 Dividend Per Share Increase 1 Strong economic moat and sustainable business model Track record of consistent, regular increases in the dividend payout Dividend growth governed by long term growth in Free Cash Flow Payout ratio of ~45 50% (1) Projected full year dividend increase forecast for FY16 based on current expectations. Subject to change without notice SEMICON West Analyst Briefing
35 Strategic Objectives CUSTOMERS Grow Share within Process Control GROWTH Long-term Revenue Growth Rate of 5 7% OPERATIONAL EXCELLENCE TALENT Grow Operating Income 2x Revenue Growth Rate Attract, Develop, and Retain Talent SEMICON West Analyst Briefing
36 Copyright 2015 KLA-Tencor Corporation
I N V E S T O R S P R E S E N T A T I O N
I N V E S T O R S P R E S E N T A T I O N Rafi Amit, CEO Moshe Eisenberg, CFO November 2018 SAFE HARBOR The information presented today contains forward-looking statements that relate to anticipated future
More informationI N V E S T O R S P R E S E N T A T I O N
I N V E S T O R S P R E S E N T A T I O N Rafi Amit, CEO Moshe Eisenberg, CFO April 2018 SAFE HARBOR The information presented today contains forward-looking statements that relate to anticipated future
More informationINVESTOR PRESENTATION APRIL 2017
INVESTOR PRESENTATION APRIL 217 Forward Looking Statements This presentation contains forward-looking statements that involve risks and uncertainties, as well as assumptions that, if proven incorrect,
More informationB. Riley & Co. 16 th Annual Investor Conference. Jeffrey Andreson, CFO
B. Riley & Co. 16 th Annual Investor Conference Jeffrey Andreson, CFO May 2015 Forward-Looking Statements This communication contains forward-looking statements within the meaning of the safe harbor provisions
More informationCredit Suisse European Technology Conference
Credit Suisse European Technology Conference Franki D Hoore Director European Investor Relations May 12, 2010 / Slide 1 Safe Harbor "Safe Harbor" Statement under the US Private Securities Litigation Reform
More informationUBS 42 nd Annual Global Media and Communications Conference December 8, Leigh Fox, CFO
UBS 42 nd Annual Global Media and Communications Conference December 8, 2014 Leigh Fox, CFO Safe Harbor This presentation and the documents incorporated by reference herein contain forward-looking statements
More informationSpreadtrum Communications, Inc.
Spreadtrum Communications, Inc. Technology for the Mobile World b 2012 Second Quarter Results China United States Korea India Taiwan www.spreadtrum.com 1 Safe Harbor Statement This presentation contains
More informationNasdaq: DAIO. Anthony Ambrose. President and CEO. Data I/O Corporation May 2017 B. Riley & Co. Conference -- Investor Presentation
Nasdaq: DAIO Anthony Ambrose President and CEO Data I/O Corporation May 2017 B. Riley & Co. Conference -- Investor Presentation Safe Harbor The matters that we discuss today will include forward-looking
More informationSafe Harbor Statement
May 2017 1 Safe Harbor Statement Matters discussed in this presentation may contain forward-looking statements that are subject to risks and uncertainties. These risks and uncertainties could cause the
More informationThis presentation and the documents incorporated by reference herein contain forward-looking statements regarding future events and our future
This presentation and the documents incorporated by reference herein contain forward-looking statements regarding future events and our future results that are subject to the safe harbor provisions of
More informationInvestor Relations Presentation
A T H E R O S C O M M U N I C A T I O N S, I N C. Investor Relations Presentation Q1 2008 WIRELESS FUTURE. UNLEASHED NOW. ATHEROS COMMUNICATIONS Safe Harbor Statement Some of the information in this presentation
More informationRed Hat Acquisition of Qumranet Adds next generation virtualization capabilities. September 4, 2008
Red Hat Acquisition of Qumranet Adds next generation virtualization capabilities September 4, 2008 Safe Harbor Forward-Looking Statements Certain statements contained or discussed in this presentation
More informationVolterra Semiconductor
Silicon Power Solutions Volterra Semiconductor Jefferies 2013 Conference May 7, 2013 Mike Burns, CFO Nasdaq: VLTR Safe Harbor Statements This presentation contains forward-looking statements based on current
More informationEricsson Second quarter 2018
Ericsson Second quarter 2018 July 18, 2018 Telefonaktiebolaget LM Ericsson 2018 Second quarter report 2018 July 18, 2018 Page 1 Peter Nyquist Vice President Investor Relations Telefonaktiebolaget LM Ericsson
More informationFBR Capital Markets 12 th Annual Spring Investor Conference
FBR Capital Markets 12 th Annual Spring Investor Conference ASML continues to execute its leadership strategy Craig De Young VP Investor Relations and Corporate Communications New York City - May 28-29,
More informationQUALCOMM Reports Third Fiscal Quarter Revenues of $1 Billion - Operating Earnings Per Share of $.75, Excluding Non-Recurring Charges -
FOR IMMEDIATE RELEASE QUALCOMM Contact: Julie Cunningham Vice President, Investor Relations 1-(858) 658-4224 (ph) 1-(858) 651-9303 (fax) e-mail: juliec@qualcomm.com QUALCOMM Reports Third Fiscal Quarter
More informationConference call April 26, :00 / Helsinki 08:00 / New York 1 Nokia 2016 Q1 2018
Conference call April 26, 2018 15:00 / Helsinki 08:00 / New York 1 Nokia 2016 Q1 2018 Disclaimer It should be noted that Nokia and its business are exposed to various risks and uncertainties, and certain
More informationWindstream acquisition of Broadview Networks Transaction overview April 13, 2017
Windstream acquisition of Broadview Networks Transaction overview April 13, 2017 Safe Harbor Statement Windstream Holdings, Inc. claim the protection of the safe-harbor for forward-looking statements contained
More informationWi-Fi Perfected. Second Quarter 2017 Earnings Presentation August 7, Proprietary Software. Cloud Analytics. Semiconductors
Wi-Fi Perfected Semiconductors Proprietary Software Cloud Analytics Second Quarter 2017 Earnings Presentation August 7, 2017 Safe Harbor and Non-GAAP Financial Measures This presentation contains forward-looking
More informationConference call February 2, :00 / Helsinki 08:00 / New York 1 Nokia Q4 and FY 2016
Conference call February 2, 2017 15:00 / Helsinki 08:00 / New York 1 Nokia 2016 Q4 and FY 2016 Disclaimer It should be noted that Nokia and its business are exposed to various risks and uncertainties,
More informationF-Secure Corporation - Interim report Q2 2011
F-Secure Corporation - Interim report Q2 2011 (Unaudited) July 27, 2011 Kimmo Alkio, President & CEO Protecting the irreplaceable f-secure.com Q2 highlights Operator channel performed strongly showing
More informationB. Riley & Co. Annual Investor Conference. May 25, 2017
B. Riley & Co. Annual Investor Conference May 25, 2017 Forward Looking Statement and Financial Presentation This presentation contains forward-looking statements within the meaning of Section 27A of the
More informationInvestor Presentation. February 2016
Investor Presentation February 2016 Disclaimer Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended,
More informationEricsson First quarter 2018
Ericsson First quarter 2018 April 20, 2018 Ericsson Internal 2018-02-21 Peter Nyquist Vice President Investor Relations Ericsson Internal 2018-02-21 First quarter 2018 April 20, 2018 This presentation
More informationUBS Technology Conference 2011 Franki D Hoore - Director European Investor Relations London, March 10, 2011
UBS Technology Conference Franki D Hoore - Director European Investor Relations London, March 10, / Slide 1 Safe Harbor "Safe Harbor" Statement under the US Private Securities Litigation Reform Act of
More informationMay High Performance Data-Path Processing Solutions
May 2015 High Performance Data-Path Processing Solutions 1 Safe Harbor Statement This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as
More informationfourth QUARTER 2017 Jan 31, 2018
fourth QUARTER 2017 Jan 31, 2018 Peter Nyquist Vice President Investor Relations fourth QUARTER 2017 Jan 31, 2018 This presentation contains forward-looking statements. Such statements are based on our
More informationCenturyLink. 1 st Quarter 2012 Earnings Conference Call May 9, 2012
CenturyLink 1 st Quarter 2012 Earnings Conference Call May 9, 2012 Forward-Looking Statements / Non-GAAP Financial Measures Certain non-historical statements made in this presentation and future oral or
More informationTech Data s Acquisition of Avnet Technology Solutions
Tech Data s Acquisition of Avnet Technology Solutions Creating a Premier Global IT Distributor: From the Data Center to the Living Room September 19, 2016 techdata.com 1 Forward-Looking Statements Safe
More informationLumentum Overview. Alan Lowe President and CEO. November 18, 2015
Lumentum Overview Alan Lowe President and CEO November 18, 2015 Forward Looking Statement and Financial Presentation This presentation contains forward-looking statements within the meaning of Section
More informationTechnology Leader For 100G And Beyond
Technology Leader For 100G And Beyond Greg Dougherty Pete Mangan Needham Annual Growth Conference January 12, 2016 1 Safe Harbor Statement Forward-Looking Statements This presentation contains statements
More informationConference call July 26, :00 / Helsinki 08:00 / New York 1 Nokia 2016 Q2 2018
Conference call July 26, 2018 15:00 / Helsinki 08:00 / New York 1 Nokia 2016 Q2 2018 Disclaimer It should be noted that Nokia and its business are exposed to various risks and uncertainties, and certain
More informationPiper Jaffray Europe Conference London
Piper Jaffray Europe Conference London Franki D Hoore Director Investor Relations June 22, 2010 / Slide 1 Safe Harbor "Safe Harbor" Statement under the US Private Securities Litigation Reform Act of 1995:
More informationChina Telecom Corporation Limited 2 June 2008
China Telecom Corporation Limited 2 June 2008 www.chinatelecom-h.com Acquisition Business of CDMA Business Disclaimer Certain statements contained in this document may be viewed as forward-looking statements
More informationFourth Quarter and Full Year 2018 Earnings Presentation. February 21, 2019
Fourth Quarter and Full Year 2018 Earnings Presentation February 21, 2019 1 Safe Harbor Caution Concerning Forward-Looking Statements Various remarks that the Company makes contain forward-looking statements
More information2nd Quarter 2017 Earnings Results
2nd Quarter 2017 Earnings Results August 2, 2017 Forward-Looking Statements Except for historical and factual information, the matters set forth in this presentation and other of our oral or written statements
More informationBank of America S-MID Cap Conference Boston, MA. March 26,2008
Bank of America S-MID Cap Conference Boston, MA March 26,2008 Safe Harbor Statement Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995; certain matters in this presentation,
More informationInvestor Overview 2018
Investor Overview 2018 1 SAFE HARBOR This presentation contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions
More informationFinancial Results for the Three Months Ended June 30, August 7, 2018
Financial Results for the Three Months Ended June 30, 2018 August 7, 2018 Copyright 2018 NIPPON TELEGRAPH AND TELEPHONE CORPORATION 1 This document is a translation of the Japanese original. The Japanese
More informationFirst Quarter 2018 Earnings Presentation. May 8, 2018
First Quarter 2018 Earnings Presentation May 8, 2018 1 Safe Harbor Caution Concerning Forward-Looking Statements Various remarks that the Company makes contain forward-looking statements regarding acquisitions,
More informationFingerprint Cards Q Results
Fingerprint Cards Q4 2014 Results February 26, 2015 Q4 Summary Key numbers from Q4 2014 results Revenue Margins & profitability Market development Revenue of SEK 105 million, an increase of 59% q o q and
More informationJefferies 2013 Global Technology, Media and Telecom Conference
Jefferies 2013 Global Technology, Media and Telecom Conference May 9, 2013 Important Notice Please read this management presentation together with the Company s press release issued earlier announcing
More information2016 JABIL ANALYST & INVESTOR MEETING SEPTEMBER 27, 2016
2016 JABIL ANALYST & INVESTOR MEETING 1 SEPTEMBER 27, 2016 Forward Looking Statements Forward looking statements: This presentation contains forward-looking statements, including those regarding our anticipated
More informationCARBONITE 2015 THIRD QUARTER FINANCIAL RESULTS OCTOBER 28, 2015
CARBONITE 2015 THIRD QUARTER FINANCIAL RESULTS OCTOBER 28, 2015 EMILY WALT Director of Investor Relations Safe Harbor These slides and the accompanying oral presentation contain "forward-looking statements"
More informationT-Mobile US Q4 and Full Year 2013
T-Mobile US Q4 and Full Year 2013 Disclaimer This presentation contains forward-looking statements within the meaning of the U.S. federal securities laws. For those statements, we claim the protection
More informationWorld s Largest Supplier of Optical Solutions for the Communications Industry. Investor Relations Presentation November 30, 2011
World s Largest Supplier of Optical Solutions for the Communications Industry Investor Relations Presentation November 30, 2011 Financial Presentation and Forward Looking Statements Forward Looking Statements
More information2017 Q4 Earnings Conference Call
2017 Q4 Earnings Conference Call Forward Looking Statements This presentation includes certain forward-looking statements that are made as of the date hereof and are based upon current expectations, which
More informationKeyBanc Industrial, Automotive and Transportation Conference
KeyBanc Industrial, Automotive and Transportation Conference Dave Adams, President and CEO 1 May 2014 2014 Curtiss-Wright Safe Harbor Statement Please note that the information provided in this presentation
More informationCopyright 2015, First Solar, Inc.
Copyright 2015, First Solar, Inc. Forward-Looking Statements During the course of this presentation the Company will make projections and other statements that are forward-looking statements within the
More informationConference call August 4, :00 / Helsinki 08:00 / New York 1 Nokia 2016 Q2 2016
Conference call August 4, 2016 15:00 / Helsinki 08:00 / New York 1 Nokia 2016 Q2 2016 Disclaimer It should be noted that Nokia and its business are exposed to various risks and uncertainties, and certain
More informationCFO Commentary on Second Quarter 2016 Financial Results
CFO Commentary on Second Quarter 2016 Financial Results August 2, 2016 Related Information The commentary in this document can be referenced in the financial information found in the earnings release issued
More informationWelcome to CES. Rick Bergman, President & CEO
Welcome to CES Rick Bergman, President & CEO Disclosure This presentation contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933, as amended,
More informationNatixis Technology Conference
Natixis Technology Conference Marcel Kemp Director Investor Relations - Europe March 24, 2016 Forward looking statements This document contains statements relating to certain projections and business trends
More informationConsolidated Financial Results for the Second Quarter, Fiscal 2018
Consolidated Financial Results for the Second Quarter, Fiscal 2018 Ⅰ. Consolidated Financial Results for the First Half, Fiscal 2018 Consolidated Financial Results for Fiscal 2018 Ⅱ. Supplementary Data
More informationKaufman Brothers 13 th Annual Investor Conference
Kaufman Brothers 13 th Annual Investor Conference Craig DeYoung, VP Investor Relations New York, New York September 14, 21 / Slide 1 Safe Harbor "Safe Harbor" Statement under the US Private Securities
More informationJuly Hexcel. All rights reserved.
July 2018 1 Risks, Uncertainties and Other Factors with Respect to Forward-Looking Statements Disclaimer Certain statements contained in this presentation constitute forward-looking statements within the
More informationSteve Milligan President & Chief Executive Officer. April 22, 2010
Steve Milligan President & Chief Executive Officer April 22, 2010 Cautionary Statement Certain statements found in this document may constitute forward-looking statements as defined in the U.S. Private
More informationMarketing with Northland Capital Markets
Marketing with Northland Capital Markets At EXFO, we make networks smarter Philippe Morin Chief Executive Officer October 19-20, 2017 Forwardlooking statements Certain statements in this presentation,
More informationViavi Solutions William Blair Growth Stock Conference
Viavi Solutions William Blair Growth Stock Conference June 14, 2017 Safe Harbor Statement This presentation contains forward-looking statements under Section 27A of the Securities Act of 1934. Forward-looking
More informationOlli-Pekka Kallasvuo President & CEO Rick Simonson Executive Vice President & CFO. Bill Seymour Head of Investor Relations
Conference Call Second Quarter 2007 Financial Results August 2, 2007 15.00 Helsinki time 8.00 New York time Olli-Pekka Kallasvuo President & CEO Rick Simonson Executive Vice President & CFO Bill Seymour
More informationCincinnati Bell Inc. March 4, 2013
Cincinnati Bell Inc. March 4, 2013 Safe Harbor This presentation and the documents incorporated by reference herein contain forwardlooking statements regarding future events and our future results that
More informationMarketing with National Bank Financial
Marketing with National Bank Financial At EXFO, we make networks smarter Philippe Morin Chief Executive Officer November 1, 2017 Forwardlooking statements Certain statements in this presentation, or given
More informationInvest Malaysia Sustainable value creation through internet growth
Invest Malaysia Sustainable value creation through internet growth 9 June 2014 Malaysia offers opportunities for continued growth Malaysia [1] 30 million population 144% mobile penetration > 85% are prepaid
More informationFY2011 Financial Forecast and Basic Management Policy
FY2011 Financial Forecast and Basic Management Policy Hiroshi Takenaka, President & CEO May 12, 2010 25 FY2010 Review 26 FY2010 Initial Financial Estimates vs. Results (Billions of yen) Net sales Initial
More information3Q17 Results Presentation. 16 October 2017
3Q17 Results Presentation 16 October 2017 Forward looking statements Important note This presentation and the following discussion may contain forward looking statements by M1 Limited ( M1 ) relating to
More informationF-Secure Corporation Interim report Q4 2012
F-Secure Corporation Interim report Q4 2012 (Unaudited) President & CEO Christian Fredrikson February 1, 2013 Protecting the irreplaceable f-secure.com Contents 1. Highlights in Q4 and in 2012 2. Financial
More informationFY16 Results Presentation. 24 January 2017
FY16 Results Presentation 24 January 2017 Forward looking statements Important note This presentation and the following discussion may contain forward looking statements by M1 Limited ( M1 ) relating to
More informationVodafone Analyst & Investor Day Monday 27 September 2004
Vodafone Analyst & Investor Day Monday 27 September 2004 Verizon Wireless Andy Halford Chief Financial Officer 1 Safe Harbor Statement NOTE: This presentation contains statements about expected future
More informationWINNING IN A MULTICLOUD WORLD
WINNING IN A MULTICLOUD WORLD Rami Rahim CEO, Juniper Networks 2 CAUTIONARY STATEMENTS Forward-Looking Statements. This presentation contains forward-looking statements within the meaning of Section 27A
More informationMarch The Foundation for a Wireless World
March 2016 The Foundation for a Wireless World Cautionary Information This presentation contains forward-looking statements and information that are based on management s current expectations. Such statements
More informationFinancial Results for the Three Months Ended June 30, 2016
Financial Results for the Three Months Ended June 30, 2016 August 5, 2016 The forward-looking statements and projected figures concerning the future performance of NTT and its subsidiaries and affiliates
More informationElectrical Products Group Conference
Electrical Products Group Conference Alexander M. Cutler Chairman and Chief Executive Officer May 21, 2013 Forward-looking statements and non-gaap financial information The information provided at our
More information2017 ANNUAL RESULTS Financial analysts presentation
2017 ANNUAL RESULTS analysts presentation HIGHLIGHTS HIGHLIGHTS Return to growth of consolidated revenues in Q4, up +3.3% at constant exchange rates Improved Group profitability: EBITDA margin up +1.2
More informationQUALCOMM Reports First Quarter Results Revenues $941 Million, $.65 EPS
Contact: Julie Cunningham Vice President, Investor Relations Ph 619-658-4224 Fax 619-651-9303 E-mail: juliec@qualcomm.com QUALCOMM Reports First Quarter Results Revenues $941 Million, $.65 EPS SAN DIEGO
More informationManagement Presentation SEP 2017
Management Presentation SEP 2017 Safe Harbor Statement This presentation contains forward-looking statements, which express the current beliefs and expectations of management. Such statements are based
More informationF e b r u a r y Welcome to Our World. The Global VoIP Company. Ofer Gneezy President & CEO OTCBB: IBAS 12/05
F e b r u a r y 2 0 0 6 Welcome to Our World The Global VoIP Company Ofer Gneezy President & CEO OTCBB: IBAS 12/05 Safe Harbor Statement Except for historical information, all of the expectations, projections
More informationHitachi Announces 2018 Mid-term Management Plan
FOR IMMEDIATE RELEASE Contacts: Japan: Mickey Takeuchi U.K.: Yuki Maeda Hitachi, Ltd. Hitachi Europe Ltd. +81-3-5208-9324 +44-1628-585714 masayuki.takeuchi.cc@hitachi.com yuki.maeda@hitachi-eu.com Hitachi
More informationQ1 FY08 Highlights and Financial Guidance*
Investor Presentation August 2008 1 Safe Harbor Any statements in this presentation regarding future expectations, plans and prospects for the Company, including statements containing the words "believes,"
More informationSlide title 48 pt 21 july 2011 Slide subtitle 30 pt
21 july 211 Helena norrman SENIOR VICE PRESIDENT COMMUNICATIONS THIS PRESENTATION CONTAINS FORWARD-LOOKING STATEMENTS. SUCH STATEMENTS ARE BASED ON OUR CURRENT EXPECTATIONS AND ARE SUBJECT TO CERTAIN RISKS
More informationConference Call Second Quarter 2003 Financial Results. Jorma Ollila Chairman and CEO
Conference Call Second Quarter 2003 Financial Results Jorma Ollila Chairman and CEO Olli-Pekka Kallasvuo Executive Vice President and CFO Ulla James Vice President, Investor Relations July 17, 2003 15.00
More informationCincinnati Bell. Morgan Stanley Technology, Media, and Telecommunications Conference February 28, 2012
Cincinnati Bell Morgan Stanley Technology, Media, and Telecommunications Conference February 28, 2012 Safe Harbor This presentation and the documents incorporated by reference herein contain forwardlooking
More informationNokia Conference Call Fourth Quarter 2010 and Full Year 2010 Financial Results
Nokia Conference Call Fourth Quarter 2010 and Full Year 2010 Financial Results January 27, 2011 15.00 Helsinki time 8.00 New York time Stephen Elop President and CEO Timo Ihamuotila CFO Matt Shimao Head
More informationTHIRD QUARTER Oct 21, 2016
THIRD QUARTER 2016 Oct 21, 2016 HElena norrman Senior Vice President Chief Marketing and Communications Officer THird QUARTER 2016 Oct 21, 2016 This presentation contains forward-looking statements. Such
More informationFinancial Review Rick Simonson Chief Financial Officer
Financial Review Rick Simonson Chief Financial Officer 1 2006 Nokia Growth - more to come 2 2006 Nokia Year on year growth rates for 2005 and 2006 (1 st 9 months of year) 40% 30% 20% 2005* 2006* 23% 20%
More informationCreate a planet run by the sun.
Create a planet run by the sun. Sunrun & Comcast Agreement August 24, 2017 Safe Harbor & Forward Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A
More information2010 UBS Global Technology and Services Conference
2010 UBS Global Technology and Services Conference Eric Meurice CEO New York, New York June 8, 2010 / Slide 1 Safe Harbor "Safe Harbor" Statement under the US Private Securities Litigation Reform Act of
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC FORM 8-K
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event
More information2006 Interim Results. China Telecom Corporation Limited 30 August 2006
2006 Interim Results China Telecom Corporation Limited www.chinatelecom-h.com 30 August 2006 Forward-Looking Statements Certain statements contained in this document may be viewed as forwardlooking statements
More informationICF Investor Presentation. November 2017
ICF Investor Presentation November 2017 Cautionary Statement 2 Introducing ICF ICF conquers complexity for its clients across a range of markets Health and Social Programs Energy, Environment and Infrastructure
More informationCincinnati Bell Third Quarter 2011 Results. November 3, 2011
Cincinnati Bell Third Quarter 2011 Results November 3, 2011 Today s Agenda Performance Highlights Jack Cassidy, President & Chief Executive Officer Review of Wireline, Wireless, IT Services & Hardware
More informationOptorun Co., Ltd. Earnings Announcement For the Fiscal Year Ended December February 14, 2018
Optorun Co., Ltd. Earnings Announcement For the Fiscal Year Ended December 2017 February 14, 2018 Financial Highlights (Consolidated) Big increases in sales and earnings Strong sales of coaters in the
More informationVerizon closes 2017 with strong wireless customer growth and retention, well-positioned in new markets
News Release FOR IMMEDIATE RELEASE January 23, 2018 Media contact: Bob Varettoni 908.559.6388 robert.a.varettoni@verizon.com Verizon closes 2017 with strong wireless customer growth and retention, well-positioned
More informationVeeco Expands Solar Equipment Product Line Acquisition of Mill Lane Engineering. May 22, 2008
Veeco Expands Solar Equipment Product Line Acquisition of Mill Lane Engineering May 22, 2008 Veeco Expands Thin Film Solar Equipment Product Line Completed purchase of Mill Lane Engineering Privately held
More informationAgenda Business Overview Operating Results Financial Results
1 Agenda 2001 Business Overview 2001 Operating Results 2001 Financial Results 2 2001 Business Overview Satisfactory Operating Performance New Businesses Taking-off Increasingly Efficient Operations Promising
More informationREIT Update Call. December 18, 2014
REIT Update Call December 18, 2014 Safe Harbor / Participants in the Proxy Solicitation Windstream claims the protection of the safe-harbor for forward-looking statements contained in the Private Securities
More informationNokia Conference Call Second Quarter 2010 Financial Results
Nokia Conference Call Second Quarter 2010 Financial Results July 22, 2010 15.00 Helsinki time 8.00 New York time Olli-Pekka Kallasvuo CEO Timo Ihamuotila CFO Kristian Pullola Head of Treasury and Investor
More informationhird Q uarter R eport
hird Quarter Report Safe Harbor Statement This presentation contains forward looking statements. Such statements are based on our current expectations and are subject to certain risks and uncertainties
More informationInvestor Presentation. January 28, 2009
Investor Presentation January 28, 2009 Forward Looking Statements and Non-GAAP Financial Measures This presentation contains forward-looking statements that are based on our current opinions and estimates.
More informationDNA Plc January-March 2018 Interim Report
DNA Plc January-March 2018 Interim Report 19 April, 2018 Jukka Leinonen, CEO Timo Karppinen, CFO Forward looking statement This presentation contains, or may be deemed to contain, statements that are not
More informationConference call October 26, :00 / Helsinki 08:00 / New York 1 Nokia 2016 Q3 2017
Conference call October 26, 2017 15:00 / Helsinki 08:00 / New York 1 Nokia 2016 Q3 2017 Disclaimer It should be noted that Nokia and its business are exposed to various risks and uncertainties, and certain
More information