AudioCodes Ltd.

Greetings and welcome to the Audiocode's third quarter 2025 earnings conference call. At this time all participants are on a listen only mode and the question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference please press star zero on your telephone keypad and please note this conference is being recorded. I will now turn the conference over to your host Mr. Roger Chu Chen, Vice President of Investor Relations. Sir, the floor is yours.

Thank you, Operator. Hosting your call today are Shabtai Allisberg, President and Chief Executive Officer, and Naran Baruch, Vice President of Finance and Chief Financial Officer. Before we begin, I'd like to remind you that the information provided during this call may contain forward-looking statements relating to AutoCo's business outlook, future economic performance, product introductions, plans, and objectives related thereto. and statements concerning assumptions made or expectations as to any future events, conditions, performance, or other matters are forward-looking statements as the term is defined under U.S. federal securities law. Forward-looking statements are subject to various risks, uncertainties, and other factors that could cause actual results to differ materially from those stated in such statements. These risks, uncertainties, and factors include, but are not limited to, the following. effect of global economic conditions in general and conditions in audio codes industry and target markets in particular, including governmental undertakings to address such conditions, shifts in supply and demand, market acceptance of new products and the demand for existing products, the impact of competitive products and pricing on audio codes and its customers' products and markets. Timely product and technology development upgrades the event of artificial intelligence and the ability to to manage changes in market conditions and evolving regulatory regimes as applicable. Possible need for additional financing. The ability to satisfy covenants in audio codes financing agreements. Possible impacts and disruptions from audio codes acquisitions, including the ability of audio codes to successfully integrate the products and operations of acquired companies into audio codes business. Possible adverse impacts attributable to any pandemic or other public health crisis on a business and results of operations. the effects of the current and any future hostilities involving Israel, including in the regions in which we or our counterparties operate, which may affect our operations and may limit our ability to produce and sell our solutions, any disruption in our operations by the obligations of our personnel to perform military service as a result of current or future military actions involving Israel, and any other factors described in AudioCode's filings made with the U.S. Securities and Exchange Commission from time to time. AudioCode assumes no obligation to update the information In addition, during the call, audio codes were referred to non-GAAP net income and net income per share. Audio codes have to provide a full reconciliation of the non-GAAP net income and net income per share to its net income and net income per share according to GAAP in the press release that is posted on its website. Before I turn the call over to management, I'd like to remind everyone that this call is being recorded and archived webcasts will be made available on the best relations section of the company's website at the conclusion of the call. With all that said, I'd like to turn the call over to Shabtai.

Shabtai, please go ahead.