Joe Shiffler | Director, IR & Corporate Communications |
Balu Balakrishnan | President, CEO & Director |
Sandeep Nayyar | CFO & VP, Finance |
Ross Seymore | Deutsche Bank |
Tore Svanberg | Stifel |
David Williams | The Benchmark Company |
Christopher Rolland | Susquehanna |
Hello, ladies and gentlemen. Welcome to the Power Integrations Q1 Earnings Conference Call. Today's call is being recorded. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions].