Joe Shiffler | Director, Investor Relations & Corporate Communications |
Balu Balakrishnan | President and Chief Executive Officer |
Sandeep Nayyar | Vice President of Finance and Chief Financial Officer |
Ross Seymore | Deutsche Bank |
Tore Svanberg | Stifel |
David Williams | The Benchmark Company |
Christopher Rolland | Susquehanna |
Ethan Potasnick | Cowen and Company |
Gus Richard | Northland |
Good day, everyone and welcome to the Power Integrations Fourth Quarter Earnings Call. Today's call is being recorded. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]