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    Mayor Popuri

    Senior Research Associate at B. Riley Securities, Inc.

    Mayur Popuri is a Senior Research Associate at B. Riley Securities, specializing in technology and growth sector research. He focuses on companies ranging from aquaculture innovators to semiconductor leaders, leveraging his strong academic background in Computer Science and Economics from the University of Pennsylvania. Popuri began his career in finance shortly after graduating in 2023 and joined B. Riley Securities in Arlington, VA, in 2024. His professional credentials include rigorous analytical training, but available public information does not list FINRA registrations or securities licenses.

    Mayor Popuri's questions to KULICKE & SOFFA INDUSTRIES (KLIC) leadership

    Mayor Popuri's questions to KULICKE & SOFFA INDUSTRIES (KLIC) leadership • Q4 2024

    Question

    On behalf of Craig Ellis, Mayor Popuri of B. Riley Securities asked if the weaker Q1 outlook was due to any unusual factors beyond seasonality. He also questioned if the recovery in the automotive and industrial segment is sustainable and has passed its trough. Finally, he asked for clarification on the end markets for the new TCB fluxless wins.

    Answer

    CEO Fusen Chen explained that the Q1 guidance aligns with typical seasonality, which has averaged a 10% sequential decline in recent years, and confirmed Q2 is expected to be stronger. He stated that the wedge bonder business for automotive is recovering and they are optimistic for 2025. He also reiterated that the TCB win is for critical, high-precision applications that could serve multiple future end markets like autonomous driving and HPC.

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