Joe Shiffler | Power Integrations, Inc. |
Balu Balakrishnan | Power Integrations, Inc. |
Sandeep Nayyar | Power Integrations, Inc. |
Cody Acree | Loop Capital Markets LLC |
Tore Egil Svanberg | Stifel, Nicolaus & Co., Inc. |
David Haberle | Susquehanna Financial Group LLLP |
Good afternoon. My name is Christine, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Power Integrations Third Quarter Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.