Joe Shiffler | Director, Investor Relations & Corporate Communications |
Balu Balakrishnan | President & Chief Executive Officer |
Sandeep Nayyar | Chief Financial Officer & Vice President, Finance |
Tore Svanberg | Stifel |
Ross Seymore | Deutsche Bank |
David Williams | Loop Capital |
Christopher Rolland | Susquehanna |
Gus Richard | Northland |
Ladies and gentlemen, thank you for standing by and welcome to the Power Integrations' Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. [Operator Instructions]