Tom Stanton | Chief Executive Officer |
Mike Foliano | Chief Financial Officer |
Ashwin Kesireddy | Goldman Sachs |
Paul Silverstein | Cowen |
Michael Genovese | MKM Partners |
Rich Valera | Needham & Company |
George Notter | Jefferies |
Bill Dezellem | Tieton Capital |
Ladies and gentlemen, thank you for standing by and welcome to ADTRAN's First Quarter 2019 Earnings Release 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 period. [Operator Instructions] During the course of the conference call, ADTRAN representatives expect to make forward-looking statements, which reflect management's best judgment based on factors currently known.
However, these statements involve risks and uncertainties including the successful development and market acceptance of core products, the degree of competition in the market for such products, the product and channel mix, component costs, manufacturing efficiencies and other risks detailed in our Annual Report on Form 10-K for the year ended December 31st, 2018.