Operator

Thank you, and welcome, everyone, to FormFactor's First Quarter 2026 Earnings Conference Call. On today's call are Chief Executive Officer, Mike Slessor; and Chief Financial Officer, Aric McKinnis. Before we begin, Stan Finkelstein, the company's Vice President of Investor Relations, will remind you of some important information.

Stan Finkelstein
Head of Investor Relations

Thank you. Today's a company will be discussing GAAP P&L results and some important non-GAAP results intended to supplement your understanding of the company's financials. Reconciliations of GAAP to non-GAAP measures and other financial information are available in the press release issued today by the company and on the Investor Relations section of our website. Today's discussion contains forward-looking statements within the meaning of the federal securities laws. Examples of such forward-looking statements include those with respect to the projections of financial and business performance, future macroeconomic and geopolitical conditions; the benefits of acquisitions and subsequent integration, anticipated time line for and benefits from Farmers Branch, anticipated industry trends and volatility; the impacts of regulatory changes, including tariffs, the anticipated volatility in demand for our products, our abilities to develop, produce and sell products and meet ongoing demand.

Advancements of artificial intelligence impact on industry and demand and the assumptions upon which such statements are