Joe Shiffler | Investor Relations |
Balu Balakrishnan | President and Chief Executive Officer |
Sandeep Nayyar | Vice President of Finance and Chief Financial Officer |
Karl Ackerman | Cowen |
Tore Svanberg | Stifel, Nicolaus |
Ross Seymore | Deutsche Bank |
David Williams | Loop Capital Markets |
Gus Richard | Northland Capital |
David Haberle | Susquehanna International |
Ladies and gentlemen, thank you for standing by. And welcome to the Power Integrations' Fourth Quarter Earnings Call. At this time, all participants are in a listen-only mode. [Operator Instructions] I would now like to hand the conference over to your speaker today, Joe Shiffler, Director of Investor Relations. Thank you.