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MAY 5, 2021 Second Quarter of Fiscal 2021 EarningsSLIDES & REMARKS
Fiscal 2021 EarningsSLIDES & REMARKSSAFE HARBOR STATEMENT
The information contained in and discussed in these slides and prepared
remarks may include “forward-looking statements” within the meaning
of federal securities regulations. These forward-looking statements
include a number of risks, uncertainties, and other factors, including those
described in CMC Materials’ filings with the Securities and Exchange
Commission (SEC), that could cause actual results to differ materially from
those described by these forward-looking statements. CMC Materials
assumes no obligation to update this forward-looking information.
2 © Copyright 2021 CMC Materials, Inc.These slides and prepared remarks should be read in conjunction with
CMC’s earnings press release, which was posted on CMC’s website on May
5, 2021. In addition, these prepared remarks supplement the commentary
that the company will make on its earnings conference call on May 6, 2021.PRESIDENT & CEO REMARKS
On April 1 we completed the acquisition of
International Test Solutions (ITS). The acquisition
expands our Electronic Materials portfolio of critical,
enabling solutions that help our customers enhance
their efficiency. As ITS products are used to enhance
the performance of advanced probe cards at
parametric test and wafer sort operations (PCC), test
socket applications during package test (TCC) and
chuck cleaning at front-and backend tools (CCW), we
have now expanded our semiconductor participation
into the attractive packaging and test segments at
leading edge device manufacturers and foundries.
Turning to our performance this quarter, we are proud
of our robust year-over-year results, which were driven
by record performance in our Electronic Materials
segment, particularly in CMP slurries and CMP pads.
We are encouraged by the continued demand for
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