EMCORE Corporation (NASDAQ:EMKR) Q2 2020 Earnings Conference Call - Final Transcript

May 07, 2020 • 08:00 am ET


EMCORE Corporation (NASDAQ:EMKR) Q2 2020 Earnings Conference Call - Final Transcript


Loading Event

Loading Transcript


Ladies and gentlemen, thank you for standing by and welcome to the EMCORE Corporation Fiscal Second Quarter 2020 Earnings Conference Call. [Operator Instructions] As a reminder, today's call is being recorded.

At this time, I'd like to turn the call over to Erica Mannion of Sapphire Investor Relations. Please go ahead.

Erica L. Mannion

Thank you, and good morning, everyone.

Before we begin, we would like to remind you that the information provided herein may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act of 1934. These forward-looking statements are largely based on our current expectations and projections about future events and trends affecting our business. Such forward-looking statements include, in particular, projections about future results, statements about plans, strategies, business prospects, changes in trends in the business and the markets in which we operate. Management cautions that these forward-looking statements relate to future events or our future financial performance and are subject to business, economic and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance, achievements of the business or our industry to be materially different from those expressed or implied by any forward-looking statements. We caution you not to rely on these statements and to also consider the risks and uncertainties associated with these statements in the business that are included in the Company's filings with the US Securities and Exchange Commission that are available on the SEC's website located at www.sec.gov, including the sections entitled Risk Factors in the Company's annual report on Form 10-K. The Company assumes no obligation to update any forward-looking statements to conform such statements to actual results or to changes in our expectations, except as required by applicable law or regulation.

In addition, references will be made during this call to non-GAAP financial measures, which we believe provide meaningful supplemental information to both management and investors. The non-GAAP measures reflect the Company's core ongoing operating performance and facilitates comparisons across reporting periods. Investors are encouraged to review these non-GAAP measures, as well as the explanation and reconciliation of these measures to the most comparable GAAP measures included at the end of our earnings press release as Exhibit 99.1 to the Form 8-K we furnished to the SEC today -- yesterday, excuse me. These materials can be obtained in the Investors section of our website at www.emcore.com.

With me today from EMCORE are Jeff Rittichier, President and Chief Executive Officer; and Tom Minichiello, Chief Financial Officer. Jeff will begin with a review of the second quarter and business highlights, and Tom will review the financial results before opening the call up for questions.

I'll now turn the call over to Jeff Rittichier.

Jeffrey S. Rittichier

Thank you, Erica, and good morning, everyone. Before discussing our second quarter results, I would like to take a moment to address how COVID-19 is impacting our business. I'm thankful to report our employees remain healthy and safe, and we're grateful for their diligent