Joe Shiffler | Director, IR |
Balu Balakrishnan | President and CEO |
Sandeep Nayyar | VP of Finance and CFO |
Ross Seymore | Deutsche Bank |
Cody Acree | Loop Capital Markets |
Tore Svanberg | Stifel Nicolaus |
Ed Roesch | Sidoti & Company |
David Haberle | Susquehanna International Group |
Good afternoon. My name is Christina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Power Integrations' Fourth Quarter Earnings Conference 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.