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Cohu, Inc. (COHU) CEO Luis Müller on Q2 2018 Results - Earnings Call Transcript

Aug. 05, 2018 1:47 AM ETCohu, Inc. (COHU)
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Cohu, Inc. (NASDAQ:COHU) Q2 2018 Earnings Conference Call August 2, 2018 4:30 PM ET


Jeffrey Jones - VP, Finance & CFO

Luis Müller - President, CEO & Director


Craig Ellis - B. Riley FBR, Inc.

David Duley - Steelhead Securities

Brian Chin - Stifel, Nicolaus & Company

Steven Marascia - Capitol Securities Management

Edwin Mok - Needham & Company


Good day, ladies and gentlemen, and welcome to the Cohu, Inc. Second Quarter 2018 Financial Results Conference Call. [Operator Instructions]. As a reminder, this conference call may be recorded. I would now like to introduce your host for today's conference, Mr. Jeff Jones, Vice President, Finance and Chief Financial Officer. Sir, you may begin.

Jeffrey Jones

Good afternoon, and welcome to our discussion of Cohu's most recent financial results. I'm joined today by our President and CEO, Luis Müller. Following our opening remarks, we'll provide details of our performance for our second quarter 2018 as well as our outlook for the third quarter 2018. If you need a copy of our earnings release, you may obtain one from our website, cohu.com, or by contacting Cohu investor relations.

Before we begin, you should all be aware that during the course of this conference call, we will make forward-looking statements reflecting management's current expectations concerning the company's future business. These statements are based on current information that we have assessed, which by its nature is subject to rapid and even abrupt changes. Forward-looking statements include our comments regarding strength in automotive and industrial semiconductor markets, new products and customers, sales progress on Kita pins and cHybrid and cDragon contactors, the Xcerra acquisition, synergies, last 12 months' pro formas, EPS accretion, integration plans and timing, acquisition debt repayment, future results including Q3 guidance, effective tax rate, 2018 sales growth and midterm model targets and any other comments we make about the company's future and in response to your

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